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Seadrill Limited (OSL:SDRL) SDRL - Disclosure Regarding Scorpion Offshore Ltd

Seadrill Limited (OSL:SDRL) On December 8, 2008, Seadrill Limited closed forward contracts for 21,587,200 shares in Scorpion Offshore Ltd. Seadrill controls 23,503,092 shares corresponding to 39.1 percent of the outstanding shares.

The total ownership percentage has been calculated based on an issued share capital in Scorpion Offshore Ltd of 60,133,455 shares.

Seadrill Limited Hamilton Bermuda December 8, 2008

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Seadrill Limited

http://www.seadrill.bm

ISIN: BMG7945E1057

Stock Identifier: XOSL.SDRL

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Seadrill Limited

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