DSIC - Seadrill - JUE 3-13

5/6/2013 12:00 AM

Friede & Goldman has entered into a licenseagreement with Dalian Shipbuilding IndustryOffshore Co., Ltd., DSIC Offshore, (China)on May 6, 2013 and June 27, 2013 for the basicdesign of three (3) F&G JU-2000E jack-up drillingrigs to be constructed for Seadrill Limted.Seadrill currently has (6) JU-2000E jack-upsunder construction at DSIC.

Additional agreements were signed for F&G toprovide their patented Rack Chock® leg fixationsystem for each of the mobile offshoredrilling units.

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