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Regulatory press release

NODL: New share capital registered

Northern Drilling
Reference is made to the stock exchange announcement by Northern Drilling Ltd.
(the "Company") on 13 November 2023, which announced the final result of the
subsequent offering in the Company and allocation of 18,433,188 new shares at a
subscription price of NOK 0.125 per share (the "New Shares"). The New Shares
have now been registered in the Company's Register of Members as duly issued.
The 18,433,188 New Shares have been issued on a separate ISIN in the VPS and
will not be listed and tradable on Oslo Børs until the publication of a listing
prospectus to be approved by the Financial Supervisory Authority of Norway.

Following issuance of the New Shares, the Company has an issued share capital of
USD 3,513,810.11, divided into 351,381,011 shares, each with a par value of USD
0.01.

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