Reference is made to the stock exchange release as of 8 December 2020 regarding
a share buy- back program.

S.D Standard Drilling Plc has on 18 January 2021 purchased 470,525 own shares at
an average price of NOK 1.05 per share. 

The shares that are repurchased will be proposed deleted by the general meeting
of the company through a capital reduction.

After the transaction S.D Standard Drilling Plc has a holding of 46,308,977 own
shares.

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

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© Oslo Bors ASA, source Oslo Stock Exchange