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SDRL - Dividend information

Reference is made to the third quarter 2010 report released on November 30, 2010. Seadrill Limited will be trading ex-dividend of a cash dividend of US$0.65 per share on December 16, 2010.
/ Source: MarketWire

Reference is made to the third quarter 2010 report released on November 30, 2010. Seadrill Limited will be trading ex-dividend of a cash dividend of US$0.65 per share on December 16, 2010.

The record date is December 20, 2010, and the dividend will be paid on or about December 30, 2010.

This information is subject of the disclosure requirements acc. to §5- 12 vphl (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#1472612]

Analyst contact: Jim Datland Vice President Investor Relations Seadrill Management AS +47 51 30 99 19