Ensco Rowan plc Provides Update on Dividend Policy

Ensco Rowan plc 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 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/