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Seadrill Limited : SDRL - Mandatory notification of trade

          Seadrill Limited : SDRL - Mandatory notification of trade

Hamilton, Bermuda, June 4, 2013 - Seadrill Limited ("Seadrill") has settled a
Total Return Swap agreement (TRS) expiring on June 4, 2013 with 2,000,000
common shares in Seadrill Limited as underlying security. Seadrill has
subsequently entered into a new TRS agreement with exposure to 2,000,000
Seadrill Limited common shares. The expiry date for the new TRS is September
4, 2013 and the reference price is NOK241.8794 per share.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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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#1707132
 
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