Seadrill Limited — Capital/Financing Update 2014

Mar 6, 2014

SDRL: Completes placement of SEK 1,500 million Unsecured Bond Issue

SDRL: Completes placement of SEK 1,500 million Unsecured Bond Issue

Hamilton, Bermuda, March 6, 2014 - Seadrill has successfully completed a 1,500

million Swedish kronor senior unsecured bond issue with maturity in March 2019.

Settlement date is expected to be March 18, 2014. An application will be made

for the bonds to be listed on Oslo Børs.

The net proceeds from the bond issue will be used for general corporate

purposes.

Danske Bank Markets, Nordea Markets and Swedbank Norway acted as Joint Lead

Managers for the issuance.

Media contact:

Rune Magnus Lundetræ

Chief Financial Officer

Seadrill Management Ltd.

+44 (0) 7766 071010

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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