NODL: Second Quarter 2018 Results

31 August 2018 – Hamilton, Bermuda

Northern Drilling Limited (OSE: NODL) (together with its subsidiaries, the “Company”), today reports unaudited results for second quarter and six months ended 30 June 2018.

Please find attached the Interim Financial Information report which will also be made available on the Company’s website.

NODL – Q2 2018 Results

Contacts:

Gunnar W. Eliassen, CEO

+44 (0) 74 6914 0012

Additional information about the Company can be found at:

http://www.northerndrillingltd.comNODL – Q2 2018 Results

***

Forward Looking Statements

Matters discussed in this release may contain certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates, sometimes identified by the words “believes”, “expects”, “intends”, “plans”, “estimates” and similar expressions. The forward-looking statements contained in this release, including assumptions, opinions and views of the Company or cited from third-party sources, are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. The Company does not provide any assurance that that the assumptions underlying such forward-looking statements are free from errors, nor does the Company accept any responsibility for the future accuracy of the opinions expressed in the presentation or the actual occurrence of the forecasted developments. No obligations are assumed to update any forward-looking statements or to conform to these forward-looking statements to actual results.