S.D. Standard Drilling Plc reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported operating profit before depreciation was $41,504,000 against operating loss before depreciation of $1,780,000 for the same period a year ago. Operating profit was $41,500,000 compared to operating loss of $1,780,000 for the same period a year ago. Profit before tax was $41,884,000 against loss before tax of $1,682,000 for the same period a year ago. Profit was $41,897,000 or $0.16 per basic and diluted share against loss of $1,685,000 or $0.01 per basic and diluted share for the same period a year ago. Net cash used in operating activities was $4,819,000 against $1,514,000 for the same period a year ago. Additions to rigs under construction was $526,000 compared to $1,497,000 for the last year.

The Board of Directors of S.D. Standard Drilling Plc at the meeting held on May 21, 2013 declared an interim cash dividend of USD 0.26 per share. Estimated day for payment of dividend is June 4, 2013. The shares will be traded ex-dividend as from and including May 24,2013.

S.D. Standard Drilling Plc, Board Meeting, May 21, 2013. Agenda: To approve the first quarter 2013 financial reports; and to declare an interim cash dividend of USD 0.26 per share.