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SYS-CON UK Authors: Salvatore Genovese, Jamie Matusow

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SDRL - Seadrill reach 65.95% ownership in Asia Offshore Drilling Ltd

HAMILTON, BERMUDA -- (Marketwire) -- 11/29/12 -- Seadrill Limited ("Seadrill") has today acquired additional 1,887 shares of Asia Offshore Drilling Limited (the "Company", OSE: AOD). The shares were acquired at a price of NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 26,379,530 shares in the Company, corresponding to 65.95% of the total number of outstanding shares in the Company.

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#1661274]

Seadrill
+47 51 30 99 00

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