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Ensco Rowan plc Provides Update on Dividend Policy

May 22, 2019

LONDON--(BUSINESS WIRE)--May 22, 2019--

Ensco Rowan plc (NYSE: ESV) (“EnscoRowan” or the “Company”) announced today that its Board of Directors has determined that the Company will not pay a regular quarterly cash dividend. Prior to completing the Company’s merger in April 2019, legacy Ensco shareholders received a regular quarterly cash dividend of US$0.01 per share and legacy Rowan shareholders did not receive a regular quarterly cash dividend.

EnscoRowan uses its website to disclose material and non-material information to investors, customers, employees and others interested in the Company. To receive regular updates on EnscoRowan news or SEC filings, please sign-up for Email Alerts on the Company’s website.

Ensco Rowan plc (NYSE: ESV) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, EnscoRowan has experience operating in nearly every major offshore basin. With an unwavering commitment to safety and operational excellence, and a focus on technology and innovation, EnscoRowan was rated first in total customer satisfaction in the latest independent survey by EnergyPoint Research - the ninth consecutive year that the Company has earned this distinction. Ensco Rowan plc is an English limited company (England No. 7023598) with its corporate headquarters located at 6 Chesterfield Gardens, London W1J 5BQ. To learn more, visit our website at www.enscorowan.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190522005870/en/

CONTACT: Investor & Media Contacts:

Nick Georgas, 713-430-4607

Senior Director – Investor Relations and Communications

Tim Richardson, 713-430-4490

Manager – Investor Relations

KEYWORD: UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA TEXAS

INDUSTRY KEYWORD: ENERGY OIL/GAS OTHER ENERGY

SOURCE: Ensco Rowan plc

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PUB: 05/22/2019 05:29 PM/DISC: 05/22/2019 05:29 PM

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