Seadrill Limited - Board/Management Information 2017

SDRL - Changes to the Board of Directors

Hamilton, Bermuda, January 11, 2017 - Seadrill Limited ("Seadrill" or "the

Company") announces today that Michael Grant and David Weinstein have been

appointed as Directors of the Company with effect from January 10, 2017. Mr

Grant and Mr Weinstein each bring additional industry and cross-border

transaction expertise to our Board of Directors.

Mr Grant has held Senior Management positions in a number of private and listed

entities, including Al Jaber Group (UAE), Cable & Wireless (US & UK), Houses of

Parliament (UK) and Eurotunnel Group (UK/France). Mr Grant has a first degree in

Civil Engineering, an MBA in Finance from London Cass Business School and has

completed the Advanced Management Programme at Harvard Business School. He is a

Chartered Engineer, a Fellow of the Institution of Civil Engineers (UK) and a

Fellow of the UK Association of Corporate Treasurers.

Mr. Weinstein is the Chairman of THE ONEIDA GROUP and Deputy Chairman of TORM

plc. Mr. Weinstein graduated from the Columbia School of Law and Brandeis

University.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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