SDRL - Corr. Seadrill announces first quarter 2011 earnings release date and conference call information

10 mei 2011 Hamilton, Bermuda, May 10, 2011 - Seadrill's first quarter 2011 results are scheduled to be released on Friday May 27, 2011 before the start of trading on the Oslo Stock Exchange. In connection with the earnings release, a conference call/webcast will be held as described below. A conference call will be held at 09:00 a.m. ET (US time) and 03:00 p.m. (Norwegian time) on Friday May 27, 2011. To listen to the management presentation of the results, the following options are available: A. Webcast In order to listen to the presentation on the web, you need to have installed Windows Media Player and a sound card on your computer. B. Conference call Call-in numbers: Norway Free call 800 19640 Norway Toll +47 24 15 97 58 UK Toll +44 (0)20 7806 1953 UK Free call 0800 028 1243 US Toll +1 212 4444 0412 US Toll Free 1888 935 4575 The participants will be asked for their name, company and conference ID. The Seadrill conference ID is: 2624027 There will be a Q&A session subsequent to the presentation. Information on "how to ask management questions" will be given at the beginning of the Q&A session. In order to view the presentation while listening to the conference, please download the presentation material fromwww.seadrill.com If you are unable to participate in the conference call, there is an opportunity to listen to a replay onwww.seadrill.com (Investor Relations) or to listen to a playback by dialing: UK : +44 (0)20 7111 1244 US : + 1 347 366 9565 Norway: +47 2100 0498 - followed by replay access number: 2624027# Participant list information required: Full name & company Replay will be available until June 3,2011. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson 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#1514073]