2013-2014 Stock Exchange Announcements

Award of Contract

07 May, 2013

A contract has been signed for the deployment of the jack-up rig Deep Driller 7 (owned by our step down subsidiary) Offshore Mexico for a firm period of 1005 days, ending 31 December 2015. The estimated revenues from the deployment is about USD 152 million (equivalent to approx. Rs. 828 Crores).

Board Meeting

07 May, 2013

A Meeting of Board of Directors of the Company will be held on Tuesday, the 28th May 2013 at 11.00 A.M at the Registered Office of the Company at “ Janpriya crest ” 113, Pantheon Road, Egmore, Chennai 600 008 to consider and approve the following agenda :

1.Audited quarterly standalone and consolidated financial results for the period ended 31st March 2013.

2.Audited Accounts for the year ended 31st March 2013.

3.Recommendation of dividend if any, for the year 2012-13.

4.Closure of Register of Members and Share Transfer Book(s) of the Company.

The Board will also consider raising of long term funds through issue of FCCBs, ADRs, GDRs and issue of equity related securities, etc. to Qualified Institutional Buyers, subject to approval of members at the ensuing Annual General Meeting of the Company. This is only a renewal resolution.

Since the Company is publishing Audited financial results for the last quarter, the unaudited quarterly results will not be published.

Financial Result 28.05.2013

28.05.2013

The Board of directors at their meeting held today had approved the following however subject to approval of members at the ensuing annual general meeting

a) raising of additional long term resources through issue of FCCBs, GDRs, ADRs etc. not exceeding amount equivalent to USD 400 Million

b) Issue of equity related securities to qualified institutional buyers upto to Rs.2500 crores.

c) The Board have recommended a dividend of 180% on the Paid up equity capital, (ie. Rs.3.60 per Equity share), a dividend 8% p.a (pro rata). 9.25% p.a and 10% p.a. respectively on the paid up Non Convertible Cumulative Redeemable Preference Share Capital of the Company for the year ended 31st March 2013.

Award of Contract

07 June, 2013

The Company has received a Letter of Award (“LOA”) from ONGC for deployment of drillship Aban Ice for a firm period of 3 years. The total value of the LOA is approximately USD 185 million (equivalent to Rs.1050 crores). The contract is expected to commence during the last quarter of calendar year 2013.

Board Meeting

29 July, 2013

This is to inform that a Meeting of Board of Directors of the Company will be held on Wednesday, the 7th August 2013 at 11.00 A M at the Registered Office of the Company to transact the following items.

To consider and take on record the Unaudited Quarterly Standalone Financial Results of the Company for the period ended 30th June 2013.

To consider and take on record the Unaudited Quarterly Consolidated Financial Results of the Company for the period ended 30th June 2013

Board Meeting

30 Oct 2013

Board Meeting 30 Oct 2013 Board Meeting 30 Oct,2013 This is to inform that a Meeting of Board of Directors of the Company will be held on Wednesday, the 13 November, 2013 to transact the following items.

To consider and take on record the Unaudited Quarterly Standalone Financial Results of the Company for the period ended 30th September, 2013.

To consider and take on record the Unaudited Quarterly Consolidated Financial Results of the Company for the period ended 30th September, 2013.