SDRL - Lapse of put option for North Atlantic Drilling shareholders
Hamilton, Bermuda, April 15, 2011 - Reference is made to the press release on
April 3, 2011 where Seadrill announced that the dispoal of the its harsh
environment drilling activities to North Atlantic Drilling Ltd, in which
Seadrill owns 75%, was successfully completed.
The right for North Atlantic Drilling's shareholders to put their North Atlantic
Drilling shares to Seadrill at the original issue price of US$1.70 per share
lapsed on April 14, 2011 at 16:30 (CET) without any shares being put back to
Seadrill.
Analyst contact
Jim DÃ¥tland
VP Investor Relations
Seadrill Management AS
+47 51 30 99 19
 Media contact
Esa Ikäheimonen
CFO
Seadrill Management AS
+47 51 30 99 19
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Seadrill Limited via Thomson Reuters ONE
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