The Board of Directors of Ability Drilling has approved the financial
statements for 2008.  Compared to the  preliminary results for  2008,
which was published on February 27, 2009,  there are certain material
changes to the  company's operating  results, totaling  to NOK  121.6
million, e.g. change from NOK - 260.3 million to NOK - 381.9 million,
related to the following items:


  * Write-down of rigs increased with NOK 108.4 million, of which NOK
    33 million is related to annualized value of rig 5 - 9, which the
    company no longer believe will be effectuated, and NOK 75,4
    million in reassessed value of other rigs.
  * Other operating costs increased with NOK 13.2 million related to
    increased loss provisions


The reassessment of values  is a consequence  of the latest  conflict
escalation with supplier TTS.

For more details, see  attached annual report  where the changes  are
commented both in the board of director's report and the accounts.

Contact person
Hans Petter Eikeland, tlf. + 47 932 08 177
Kenneth Tunes, tlf. + 47 915 44 901


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.
http://hugin.info/138570/R/1314091/305195.pdf


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