Ocean Rig Appoints New CFO

Ocean Rig ASA has appointed Jan Rune Steinsland as new Chief Financial Officer. Jan Rune Steinsland is currently CFO in Acta Holding ASA, a position he has held since 2000. From 1988 to 2000, Jan Rune Steinsland has had several management positions in Esso Norge/Exxon including Financial Analyst, Financial Reporting Manager, Vice President Accounting and Audit Advisor.

Jan Rune Steinsland has a Master of Business Administration from University of St. Gallen and is Certified European Financial Analyst (AFA) from The Norwegian Society of Financial Analysts/Norwegian School of Economics and Business Administration.

The Executive Chairman, Geir Aune said: "Jan Rune Steinsland brings valuable experience and competence to the management team of Ocean Rig. We have now established a strong and professional organization which is the key to success in our industry."