Hamilton, Bermuda, March 1, 2011 - Reference is made to the fourth quarter 2010
report released on February 24, 2011. Seadrill Limited will be trading ex-
dividend of a cash dividend of US$0.875 per share on March 2, 2011.
The record date is March 4, 2011, and the dividend will be paid on or about
March 16, 2011.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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originality of the information contained therein.
Source: Seadrill Limited via Thomson Reuters ONE