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OCEAN RIG UDW INC. ANNOUNCES COMMENCEMENT OF “REGULAR WAY” TRADING ON THE NASDAQ GLOBAL SELECT MARKET

News Release Ocean Rig UDW Inc. (Corporate Head Office) October 7, 2011
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<P align=left>Nicosia, Cyprus &#8211;October 6, 2011 &#8211; Ocean Rig UDW Inc. (the
&#8220;Company&#8221; or &#8220;Ocean</P>
<P align=left>Rig&#8221;) (Nasdaq:ORIG), a global provider of offshore deepwater
drilling services,</P>
<P align=left>announced that its common shares are expected to commence &#8220;regular
way&#8221; trading</P>
<P>today on the Nasdaq Global Select Market under the ticker symbol
&#8220;ORIG&#8221;.</P></FONT></DIV></BODY></HTML>