The Board of Directors of Noble Group Limited announced that the trustee in relation to the 2020 Notes has issued a notice to holders, informing them that an event of default has occurred for $1,176,920,000 in principal amount of 6.75% US Dollar fixed rate senior notes due 2020, under section 5.01(g) of the 2020 Notes indenture as a result of the filing by the company of a petition seeking recognition in the United States of the scheme of arrangement commenced by the company in England pursuant to Chapter 15 of the United States Bankruptcy Code. If an event of default under section 5.01(g) is continuing, the principal of, premium, if any, and accrued and unpaid interest on all the 2020 Notes is immediately due and payable without any declaration or other act on the part of the trustee or any holders of the 2020 Notes.