Sevan Drilling Limited - Approval of Annual Accounts 2016

Hamilton, Bermuda, 27 April 2017 - The Board of Sevan Drilling Limited has approved the annual accounts for 2016. Except for minor adjustments, there are no changes in the income statement or equity compared with the preliminary annual figures presented in connection with the Q4 announcement on 28 February 2017.

Sevan Drilling Limited's annual report for 2016 will be published on the corporate web site  and on .

For further information, please contact:

Scott McReaken, CEO, Sevan Drilling Management AS 
+47 22 33 00 00

About Sevan Drilling:
Sevan Drilling Ltd is an international offshore drilling contractor specializing in the ultra deepwater segment. Sevan Drilling Limited is listed on Oslo Børs.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Sevan Drilling - Annual Report 2016

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Sevan Drilling ASA via GlobeNewswire