SLB LIMITED/NV — Director's Dealing 2012

Apr 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHLUMBERGER LTD /NV/ (SLB)
CIK: 0000087347
Period of Report: 2012-04-16

Reporting Person: Theobald Malcolm (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-16	Common Stock, $0.01 par value per share	M	3000	$27.873	Acquired	22612	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-16	Incentive Stock Option (right to buy)	$27.873	M	3000	Disposed	2012-04-17	Common Stock, $0.01 par value per share (3000)	Direct

Footnotes

F1: This option becomes exercisable in five equal annual installments beginning April 17, 2003.