HAMILTON, BERMUDA--(Marketwire - Jun 28, 2012) - Reference is made to the announcement by
Hemen Holding Limited ("Hemen") on June 14, 2012.
Hemen has on June 27, 2012, acquired 600,000 shares in Seadrill from
Sachs at a price of NOK224.8 per share. Following this transaction Hemen
115,097,583 shares, representing 24.60 percent of the outstanding shares in
Seadrill. By this transaction Hemen has concluded the option arrangement it
with Goldman Sachs.
Hemen also has total return swap agreements with underlying economic
3.9 million Seadrill shares.
This information is subject of the disclosure requirements pursuant to
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Seadrill Limited via Thomson Reuters ONE