Ensco plc Sells Jackup Rig ENSCO 85 for $64 Million

Ensco plc (NYSE: ESV) today sold ENSCO 85, a jackup rig built in 1981, for $64 million. The net book value of the rig was approximately $54 million. The pre-tax gain on this sale was approximately $10 million, which will be included in second quarter 2014 operating results.

“Year to date, we have sold three jackup rigs and recently we ordered two ENSCO 140 Series jackups,” said Executive Vice President and Chief Financial Officer Jay Swent. “Continuous high-grading keeps us at the forefront of industry technology and we continue to have the largest premium jackup fleet in the world.”

Since the beginning of 2010, Ensco has sold 14 rigs generating pre-tax gains of approximately $90 million. During the same period, Ensco has taken delivery of 12 high-performance rigs, including five Samsung DP3 ultra-deepwater drillships, five ENSCO 8500 Series® ultra-deepwater semisubmersibles and two ENSCO 120 Series ultra-premium harsh environment jackups. Ensco has eight additional rigs under construction - five premium jackups and three ultra-deepwater drillships - that reinforce the Company’s commitment to standardization.

Ensco plc (NYSE: ESV) brings energy to the world as a global provider of offshore drilling services to the petroleum industry. For more than 25 years, the company has focused on operating safely and going beyond customer expectations. Ensco is ranked first in total customer satisfaction with top honors in eight of 14 categories in the latest annual survey by EnergyPoint Research. Operating one of the newest ultra-deepwater rig fleets and the largest premium jackup fleet, Ensco has a major presence in the most strategic offshore basins across six continents. In terms of dividend yield, Ensco is among the top dividend payers of S&P 500® companies. Ensco plc is an English limited company (England No. 7023598) with its registered office and corporate headquarters located at 6 Chesterfield Gardens, London W1J 5BQ. To learn more, visit our website at http://www.enscoplc.com/.

Ensco plcSean O’Neill, 713-430-4607Vice President - Investor Relations and CommunicationsorNick Georgas, 713-430-4490Manager - Investor Relations