Seadrill Limited - Earnings Release 2015

Sevan Drilling ASA: Sevan Drilling announces first quarter 2015 earnings release date and conference call information

Oslo, May 11(th), 2015 - Sevan Drilling is scheduled to release its first

quarter 2015 results on Thursday May 28(th), 2015.

In connection with the earnings release, a conference call/webcast will be held

as described below.

A conference call will be held at 11:00 a.m. CEST on Thursday May 28(th), 2015.

To listen to the management presentation of the results, the following options

are available:

A. Webcast

In order to register to listen to the conference call, please click this link.

B. Conference call

Call-in numbers:

International call: +44 (0)20 3427 0503

UK Free call: 0800 279 4992

Norway: +47 2316 2729

Norway Free call: +47 800 56054

US: +1 646 254 3361

US Free call: +1 877 280 2296

The participants will be asked for their name, company and conference code. The

Sevan Drilling conference code is: 3755258

There will be a Q&A session subsequent to the presentation. Information on how

to ask management questions will be given at the beginning of the Q&A session.

In order to view the presentation while listening to the conference, please

download the presentation material from www.sevandrilling.com

If you are unable to participate in the conference call, there is an opportunity

to listen to a replay on www.sevandrilling.com (Investor Relations)

Participant list information required: Full name & company

For further information, please contact:

Scott McReaken, CEO, Sevan Drilling ASA

+47 91194651 mobile

About Sevan Drilling:

Sevan Drilling ASA is an international offshore drilling contractor specializing

in the ultra deepwater segment. Sevan Drilling ASA is listed on Oslo Børs.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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