North Atlantic Drilling Ltd. ("North Atlantic Drilling" or the "Company") has been informed that Jo Lunder, Director of the Company, is under investigation by Norwegian prosecuting authorities in relation to charges of corruption in VimpelCom Ltd his former employer. The investigations are unrelated to North Atlantic Drilling. After consultation with Mr. Lunder, it has been agreed that he will step down as Director of North Atlantic Drilling.

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

HUG#1964828

CONTACT: Rune Magnus Lundetrae
         Chief Financial Officer
         North Atlantic Management AS
         +44 (0)20 8811 4778

         Tore Byberg
         VP Commercial Finance
         North Atlantic Management AS
         +47 51 30 95 42
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