Seadrill Limited (OSL:SDRL) Kate Blankenship, Director of Seadrill Limited, has purchased 3,000 shares in Seadrill Limited at a price of NOK58.00 per share. Blankenship's holding in Seadrill Limited following this transaction is 11,000 shares and 50,000 options.

Seadrill Limited Hamilton, Bermuda November 3, 2008

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Seadrill Limited

http://www.seadrill.bm

ISIN: BMG7945E1057

Stock Identifier: XOSL.SDRL

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