MOSCOW, December 15, 2011 - Eurasia Drilling Company Limited (“EDC” or the “Company” - LSE: EDCL), the leading onshore & offshore drilling service provider in the CIS, announced today that it will pay a dividend on January 18, 2012 of USD 0.47 per share held of record December 30, 2011. The dividend was declared by the Board of Directors of EDC on December 14, 2011.

MOSCOW, November 10, 2011 - Eurasia Drilling Company Limited (“EDC” or the “Company” - LSE: EDCL), the leading onshore & offshore drilling service provider in the CIS, announced that at its Annual General Meeting held on October 25, 2011, The Earl of Clanwilliam, Alexander Djaparidze and Alexander Shokhin were re-elected as Class III members of the Board of Directors to hold office for the full three years.

MOSCOW, October 27, 2011 -Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, today released its third quarter 2011 and nine months period ended September 30, 2011 financial and operational update.

MOSCOW, October 18, 2011 - Eurasia Drilling Company Limited (“EDC” or the “Company” - LSE: EDCL), the leading onshore & offshore drilling service provider in the CIS, will report its third quarter update for the nine months ended 30 September 2011 on 27 October 2011 at 8:00 a.m. London time (BST), 11:00 a.m. Moscow time.

MOSCOW, October 12, 2011 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, announced today that it purchased 3,000 of its Global Depositary Receipts (“GDRs”) at USD 19.62 per GDR on October 11, 2011. One GDR represents one ordinary share in EDC. The GDRs were repurchased under the Company’s Share Repurchase Program previously announced August 26, 2011.

MOSCOW, October 7, 2011 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, announced today that it purchased 2,000 of its Global Depositary Receipts (“GDRs”) at USD 18.10 per GDR on October 6, 2011. One GDR represents one ordinary share in EDC. The GDRs were repurchased under the Company’s Share Repurchase Program previously announced August 26, 2011.

MOSCOW, October 7, 2011 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, has been notified that S. Douglas Stinemetz, General Counsel of EDC, bought 3,000 GDRs of the Company at the average price of USD 16.98 per GDR on September 30, October 4 and October 5, 2011. After these transactions, Mr. Stinemetz's total holdings in the Company amount to 19,667 GDRs (equivalent to 19,667 common shares), representing around 0.01% of the Issued and Outstanding Shares of the Company.

MOSCOW, October 5, 2011 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, announced today that it purchased 2,000 of its Global Depositary Receipts (“GDRs”) at USD 16.25 per GDR on October 4, 2011. One GDR represents one ordinary share in EDC. The GDRs were repurchased under the Company’s Share Repurchase Program previously announced August 26, 2011.

MOSCOW, October 3, 2011 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, announced today that it purchased 2,000 of its Global Depositary Receipts (“GDRs”) at USD 17.80 per GDR on September 30, 2011. One GDR represents one ordinary share in EDC. The GDRs were repurchased under the Company’s Share Repurchase Program previously announced August 26, 2011.

MOSCOW, September 29, 2011 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, has been notified that Richard Matzke, Director of the Company, bought 1,000 GDRs of the Company at the price of USD 17.79 per GDR on September 29, 2011. After this transaction, Richard Matzke’s total holdings in the Company amount to 3,000 GDRs (equivalent to 3,000 common shares), representing approximately 0.002% of the Issued and Outstanding Shares of the Company.