VPS registration of bond issue

As previously communicated to the market, Dolphin Drilling ASA has since 3 July 2018 suspended its service of its financial debt. To ensure the continued VPS registration of the company's senior unsecured bond issue with ISIN NO 001 0704125 following the bond issue's maturity on 28 February 2019, the Maturity Date of the bond issue, as registered in VPS, has been extended from 28 February 2019 to 28 August 2019. This is only a technical extension, and it does not in any way amend the rights of the bondholders under the bond issue.

Contact: Ivar Brandvold, CEO, (+47) 22 34 10 00 Hjalmar Krogseth Moe, CFO, (+47) 22 34 10 00

This information is subject of the disclosure requirements according to the Norwegian Securities Trading Act section §5-12.

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