SOURCE: Seadrill Limited

May 05, 2008 05:16 ET

SDRL - Presentation of first quarter 2008 results

HAMILTON, BERMUDA--(Marketwire - May 5, 2008) -


Seadrill's first quarter 2008 results are scheduled to be released on Tuesday May 27, 2008. In connection with the earnings release, a teleconference/webcast and a live presentation will be held as described below:

1. TELECONFERENCE AND WEBCAST

A conference call will be held at 5:00 P.M. (Norwegian time) on Tuesday May 27, 2008.

To listen to the management presentation of the results, the following options are available:

A. Webcast

Go to the Investor Relations section at www.seadrill.com and click on the link to "Webcast". In order to listen to the conference call on the web, you need to have installed Windows Media Player and a sound card on your computer.

B. Teleconference

Call-in numbers:
Norway Free call 800 19640
International call +44  20 7806 1967
UK Free call 0800 028 1299
USA Free call 1888 935 4575

The participants will be asked for their name, company and conference ID. The Seadrill conference ID is: 5729454

There will be a Q&A session subsequent to the presentation. Information on "how to ask management questions" will be given at the beginning of the Q&A session.

In order to view the presentation held while listening to the conference, please download the presentation material from www.seadrill.com

If you are unable to participate in the call, there is an opportunity to listen to a replay of the conference call on www.seadrill.com (Investor Relations) or to listen to a playback by dialing:

International/UK Free call: 0800 559 3271
USA Free call: 1866 239 0765
- followed by replay access number: 5729454#

Participant list information required: Full name and company Replay will be available for seven days.


2. LIVE PRESENTATION

A presentation of Seadrill's first quarter 2008 results will take place in Oslo, Norway at Felix Konferansesenter AS, Bryggetorget 3 Vika, on Wednesday May 28, 2008 at 10.00AM. If you wish to attend, please confirm your attendance to bjorghild.togersen@seadrill.com or phone + 47 51 30 98 53.

Jim Dåtland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19


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