Seadrill Limited — Major Shareholding Notification 2014

Dec 9, 2014

SDRL - Notification

SDRL - Notification

Hemen Holdings Ltd, which is indirectly controlled by

trusts established by John Fredriksen for the benefit

of his immediate family, has on 8 December 2014

acquired 1,300,000 shares in Seadrill Limited at a

price of $11.6846. Hemen Holding Ltd's affiliated

ownership in Seadrill is following this transaction

119,097,583 shares, constituting 24.15 percent

of the issued share capital. In addition, Hemen

Holding hold TRS agreements with exposure to

3,900,000 shares in Seadrill Limited and Famatown

Finance Ltd., an affiliated company, owns call

options over 2,031,652 shares.