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SDRL - Contemplating issuing new unsecured bonds


March 5, 2013 - HAMILTON, BERMUDA

Seadrill Limited is contemplating issuingnewsenior unsecured bonds in the Norwegian bond market with maturity in March2018.

The net proceeds from the Bond Issue will be used for general corporatepurposes.

DNB Markets, Nordea Markets, Pareto Securities, SEB and Swedbank FirstSecurities are acting as Joint Lead Managers for the issuance.

This information is subject of the disclosure requirements pursuant tosection 5-12 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

[HUG#1683022]

Analyst contact
Rune Magnus Lundetrae
Chief Financial Officer
Seadrill Management AS
+47 51 30 99 19

Media contact
Alf Thorkildsen
Chief Executive Officer
Seadrill Management AS
+47 51 30 99 19

MarketWire

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