Seadrill Limited In connection with the Company's Employee Share Ownership Plan (ESOP) and the grant of employee stock options, Seadrill Limited has repurchased 100,000 Seadrill Limited shares. The shares have been bought at the Oslo Stock Exchange at an average price of NOK161.32 per share. The Company's holding of own shares after the transaction is 1,052,700 shares.



Seadrill Limited Hamilton, Bermuda June 6, 2008

Seadrill Limited

http://www.seadrill.bm

ISIN: BMG7945E1057

Stock Identifier: XOSL.SDRL

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