3 April 2024: Gunnar Hvammen, board member and primary insider of Deep Value
Driller AS (the "Company"), has on 2 April 2024 acquired 1,000,000 shares in the
Company at an average price of NOK 27.15 per share, acting through Solan Capital
AS. Following the transaction, Gunnar Hvammen and his closely associated
companies hold 8,000,000 shares, equivalent to approximately 9.3% of the
Company's share capital, in addition to 2,433,333 warrants. See the enclosed
form for further details.

This information is subject to the disclosure requirements in Regulation EU
596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities
Trading Act.

About Deep Value Driller

Deep Value Driller AS is a drillship-owning company which owns the high
specification UDW 7th generation drillship "Deep Value Driller", built in 2014.
As part of its strategy, the company has an ambition to create and maximise
value for its customers and investors, while at the same time ensuring safe and
sustainable operation of its drillship. For further information, visit
www.deepvaluedriller.no.

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