Hamilton, Bermuda, June 14, 2010 - Reference is made to the first quarter 2010
report released on May 27, 2010. Seadrill Limited will be trading ex-dividend of
a cash dividend of US$0.60 per share on June 15, 2010. The record date is June
17, 2010, and the dividend will be paid on or about July 2, 2010.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)