SDRL - Seadrill Limited closes the tender rig T15 transaction

SDRL - Seadrill Limited closes the tender rig T15 transaction 
HAMILTON, BERMUDA -- (Marketwired) -- 05/17/13 --  SDRL - Seadrill
Limited closes the tender rig T15 transaction 
We refer to the press release dated May 7, 2013, which announced the
transaction to sell the T-15 Tender rig. 
Seadrill Limited ("Seadrill" or "The Company") has today completed
the previously announced transaction to sell the T-15 tender rig to
Seadrill Partners. 
The agreed upon sale is for a total price of US$210 million, less
approximately
US$100 million of debt outstanding under the credit
facility secured by the T-15. The balance of the total consideration
is being financed with vendor financing provided by Seadrill in the
form of a loan in the amount of approximately US$110 million. 
This information is subject of the disclosure requirements pursuant
to section
5-12 of the Norwegian Securities Trading Act. 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
that: 
(i) the releases contained herein are protected by copyright and    
other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and     
originality of the information contained therein. 
Source: Seadrill Limited via Thomson Reuters ONE 
[HUG#1702892] 
Seadrill
+47 51 30 99 00
 
 
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