OREANDA-NEWS. Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL) has been notified that The Earl of Clanwilliam, Chairman, sold 3,195 GDRs of the Company at a price of USD 39.01 per GDR on April 18, 2013. After this transaction, The Earl of Clanwilliam’s total holdings in the Company amount to 4,105 GDRs (equivalent to 4,105 common shares), representing around 0.003% of the Issued and Outstanding Shares of the Company.

The Company has been also advised that Martin Hansen, Director of the Company, sold 127,029 GDRs of the Company at an average price of USD 40.64 per GDR during the period from May 2 to May 7, 2013. After this transaction, Mr. Hansen's total holdings in the Company amount to 47,010 GDRs (equivalent to 47,010 common shares), representing approximately 0.03% of the Issued and Outstanding Shares of the Company.

The Company has been also notified that S. Douglas Stinemetz, General Counsel of EDC, sold 2,239 GDRs of the Company at a price of USD 42.43 per GDR on May 14, 2013. After this transaction, Mr. Stinemetz's total holdings in the Company amount to 22,332 GDRs (equivalent to 22,332 common shares), representing approximately 0.02% of the Issued and Outstanding Shares of the Company.

EDC is the largest provider of onshore drilling services in Russia, as measured by the number of meters drilled, providing onshore integrated well construction services and workover services. In addition, the Company provides offshore drilling services in the Caspian Sea. The Company offers its onshore integrated well construction services and workover services to local and international oil and gas companies primarily in Russia and its offshore drilling services to Russian and international oil and gas companies in the Russian, Kazakh and Turkmen sectors of the Caspian Sea. The Company is traded on the London Stock Exchange under the symbol “EDCL”.