SDLP - Seadrill Partners LLC Fourth Quarter 2012 Cash Distribution

2013-01-25 08:45:51 -

London, United Kingdom, January 24, 2013 - Seadrill Partners LLC (NYSE:SDLP)
announced today that its Board of Directors has declared a quarterly cash
distribution with respect to the quarter ended December 31, 2012, of US$0.2906
per unit. The distribution was prorated for the period beginning on October
24, 2012, which was the closing date of Seadrill Partners LLC's initial public
offering, and ending on December 31, 2012, and corresponds to a quarterly
distribution of US$0.3875 per outstanding unit, or US$1.55 per outstanding unit
on an annualized basis.

This cash distribution will be paid on February 14, 2013 to all unitholders of
record as of the close of business on February 4, 2013.

Forward Looking Statements

This press release includes statements that may constitute forward-looking
statements. Such forward-looking statements are subject to a variety of known
and unknown risks, uncertainties, and other factors that are difficult to
predict and many of which are beyond management's control. Factors that can
affect future results are discussed in the registration statement filed by
Seadrill Partners LLC with the U.S. Securities and Exchange Commission (SEC),
which is available via the SEC's web site at  Seadrill Partners LLC
undertakes no obligation to update or revise any forward-looking statement to
reflect new information or events.

Seadrill Partners LLC
London, United Kingdom
January 24, 2013

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Source: Seadrill Partners LLC via Thomson Reuters ONE

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