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SDRL - Seadrill announces second quarter 2011 earnings release date and conference call information

August 12, 2011 - HAMILTON, BERMUDA

Seadrill is scheduled to release its secondquarter 2011 results on Thursday 25, 2011 before the start of trading ontheOslo Stock Exchange.

In connection with the earnings release, a conference call/webcast will beheldas described below:

A conference call will be held at 09:00 a.m. ET time and 3:00 p.m.(Norwegiantime) on Thursday August 25, 2011.

Management will in the same conference call address highlights in the NorthAtlantic Drilling Ltd second quarter report 2011.

To listen to the management presentation of the results, the followingoptionsare available:

A. Webcast

In order to listen to the presentation on the web, you need to haveinstalledWindows Media Player and a sound card on your computer.

B. Conference call

Call-in numbers:
Norway Free call 800 19639
Norway + 47 24 15 97 56
International call +44 (0)20 7136 2050
UK Free call 0800 032 4094
US +1 212 444 0481

The participants will be asked for their name, company and conference ID.TheSeadrill conference ID is: 7527743

There will be a Q&A session subsequent to the presentation. Information on"howto ask management questions" will be given at the beginning of the Q&Asession.

In order to view the presentation while listening to the conference, pleasedownload the presentation material from

If you are unable to participate in the conference call, there is anopportunityto listen to a replay on (Investor Relations) or to listento aplayback by dialing:

UK : +44 (0)20 7111 1244US : + 1 347 366 9565Norway: +47 21 00 04 98 - followed by replay access number: 7527743#

Participant list information required: Full name & companyReplay will be available until September 2, 2011.

This information is subject of the disclosure requirements pursuant tosection5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf ofThomson 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


+47 51 30 99 00


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