DEPOSIT AGREEMENT by and among ROWAN COMPANIES LIMITED AND CITIBANK, N.A., as Depositary, AND THE HOLDERS AND BENEFICIAL OWNERS OF AMERICAN DEPOSITARY SHARES ISSUED HEREUNDER Dated as of December 5, 2011Deposit Agreement • February 28th, 2012 • ROWAN COMPANIES LTD • Texas
DEPOSIT AGREEMENT, dated as of December 5, 2011, by and among (i) ROWAN COMPANIES LIMITED, a company organized under the laws of England and Wales and its successors (the “Company”), (ii) CITIBANK, N.A., a national banking association organized under the laws of the United States of America acting in its capacity as depositary, and any successor depositary hereunder (the “Depositary”), and (iii) all Holders and Beneficial Owners of American Depositary Shares issued hereunder (all such capitalized terms as hereinafter defined).
