SDRL - Mandatory notification of trade

Hamilton, Bermuda, September 6th, 2016 - Seadrill Limited ("Seadrill") has settled a Total Return Swap agreement (TRS) expiring on September 5, 2016 with 4,000,000 common shares in Seadrill Limited as underlying security.
 
Seadrill now has a holding of 4,318,740 of its own treasury shares.  
 
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.