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Investor Relations

Share price movement

Share price movement

05 January 2016

Greka Drilling Limited

("Greka Drilling" or the "Company")

Greka Drilling Limited (AIM: GDL), the largest independent and specialized unconventional oil & gas driller in Asia, has noted the fall in the Company’s share price; it is not aware of any reason for such movement and, consistent with previous years, intends to make an Operations Update in early February.

For further information on Greka Drilling, please refer to the Company’s website at www.grekadrilling.com or contact:

James Henderson / Rollo Crichton-Stuart

Investor Relations

Bell Pottinger

+44 20 3772 2500

Dr Azhic Basirov / David Jones / Ben Jeynes

Nominated Adviser

Smith & Williamson

+44 20 7131 4000

James Felix

Broker

Arden Partners

+44 20 7614 5900