Seadrill Limited - Earnings Release 2016

Sevan Drilling Ltd: Q4 2016 earnings release date and conference call information

Hamilton, Bermuda, February 13(th), 2017 - Sevan Drilling is scheduled to

release its fourth quarter and preliminary 2016 results on Thursday February

23(rd), 2017.

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. CET on Thursday February

23(rd), 2017.

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 3478 5300

UK Free call: 0800 279 5736

Norway: +47 2350 0486

Norway Free call: +47 800 56054

US: +1 718 971 5738

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: 7448535

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 Management AS

About Sevan Drilling:

Sevan Drilling Limited is an international offshore drilling contractor

specializing in the ultra deepwater segment. Sevan Drilling Limited 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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