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News Release


JDC Reported Fiscal Year 2005 Results


JDC's four rigs achieved 100% utilization in the fiscal year 2005 ended March 31, 2006 under the long term contracts with national oil companies respectively. As a result, ordinary profit was US$ 15.7 million on total revenue of US$ 63.3 million, up by 178.1% and down by 13.9% from the previous year respectively. Net income was US$ 12.8 million, down by 23.6% from the previous year, maintaining black in figure for eleven straight years. (Converted at JPY114.10/US$ for 2005) .