2013-03-05 08:28:11 -
Hamilton, Bermuda, March 5, 2013 - Seadrill has settled a Total Return Swap
agreement (TRS) expiring on March 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 June 4, 2013 and the reference price is
NOK213.1666 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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originality of the information contained therein.
Source: Seadrill Limited via Thomson Reuters ONE