SDRL - Seadrill requests extraordinary general meeting

Seadrill Limited has, as a consequence of its recent acquisition of 28.5% of the shares in Sevan Drilling ASA, made a formal request to Sevan Drilling ASA's ("Sevan") board that an extraordinary general meeting in Sevan is convened as soon as possible and in all events prior to January 3, 2012 for the purpose of electing a new board of directors which will reflect the new shareholder structure in the company.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.