Borr Drilling Limited (BDRILL) - Share capital increase

Reference is made to Borr Drilling Limited's ("Borr Drilling" or the "Company")
stock exchange notice dated 23 March 2018 relating to the successful completion
of the USD 250 million equity offering (the "Equity Offering").

The 7,640,327 new shares (the "Offer Shares") allocated in Tranche 2 of the
Equity Offering have been validly issued and been fully paid. Following issuance
of the Offer Shares, the Company will have a share capital of USD 5,326,403.27,
divided into 532,640,327 shares, each with a nominal value of USD 0.01 per
share.

The Offer Shares have been issued and are registered in the Norwegian Central
Securities Depository (VPS) with the Company's ISIN number (BMG 1466R1088). The
Offer Shares will be listed on Oslo Børs under the ticker BDRILL from 30 May
2018.

Hamilton, Bermuda

30 May 2018

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.