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Investor Relations

Holding in Company

Holding in Company

17 October 2013

 17 October 2013

Greka Drilling Limited

("Greka Drilling" or the "Company")

Holding in Company

Greka Drilling Limited (AIM: GDL), the largest independent and specialized unconventional oil & gas driller in China, announces that it has been informed by its registrar of the following interest in the Company's ordinary shares: Richard Chandler Capital Corporation - 31,163,008 shares (representing 7.83% of the Company's issued ordinary shares).

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

Stephen Hill, VP Corporate Communications

Greka Drilling Limited

+852 3710 0108

Dr Azhic Basirov / David Jones

Nominated Adviser

Smith & Williamson

+44 20 7131 4000

Steve Baldwin / Nicholas Harland

Broker

Macquarie Capital (Europe) Limited

+44 20 3037 2000

James Henderson / Nick Lambert / Rollo Crichton-Stuart

Investor Relations

Pelham Bell Pottinger

+44 20 7861 3232