OREANDA-NEWS. November 1, 2012. 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 September 28, 2012, Martin Hansen and Maurice Dijols were re-elected as Class I members of the Board of Directors to hold office for a full three years. Victor Kalyuzhny stood down from the Board of Directors and Anatoly Kozyrev was elected as Class I member of the Board of Directors to hold office for a full three years.

Anatoliy Kozyrev has served as member of the Board of Directors BKE and BKE Shelf since 2008 to 2012. From 1998 to 2007, Mr. Kozyrev served as Vice President and Director of the Chief Administration for Corporate Budget and Economy Planning and Investments of JSC LUKOIL. Prior to that, from 1993 to 1998 he served as Deputy Minister of Fuel and Energy of the Russian Federation, as well as sitting on the Board of Directors of JSC LUKOIL. Mr. Kozyrev holds a degree in Economic Planning - Economics and Management of Energy Industry from the Moscow Institute of Engineering and Economy and a degree in International Economic Relations from the USSR Federal Academy of Foreign Trade.

ZAO KPMG was re-appointed as auditors of the Company.

The Earl of Clanwilliam, EDC’s Chairman, commented,

“On behalf of the Board of EDC, I would like to extend my thanks to Mr. Kalyuzhny for his valuable contribution to EDC during his period on the Board. I am delighted to welcome Mr. Kozyrev, whose knowledge of the energy industry, background with LUKOIL and broad experience of working in the Russian market in particular will bring another level of insight and depth to EDC as we seek to meet our client’s evolving needs. I look forward to working closely with Anatoly as we continue to develop our business.“