Results of Vantage Drillings' Shareholder Meeting

Vantage Drilling Company VTG today announced the results of its 2010 Annual Meeting of Shareholders, which was originally scheduled for November 30, 2010 and postponed until January 7, 2011. Based on the voting results from the meeting, shareholders re-elected all incumbent directors and also ratified the selection of UHY LLP as the Company's independent auditors for 2010. Also based on the voting results, shareholders did not approve the issuance of ordinary shares upon conversion of the promissory note to F3 Capital, the increase in the Company's ordinary share capital or the amendment and restatement of the Company's 2007 Long Term Incentive Compensation Plan to, among other things, increase the number of ordinary shares authorized for issuance under the plan.
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