Seadrill Limited (OSL:SDRL) In connection with the Company's Employee Share Ownership Plan (ESOP), Seadrill Limited has sold 16,700 Seadrill shares at strike price NOK78.74 per share. The Company's holding of own shares after the transactions is 731,100 shares.

Seadrill Limited Hamilton, Bermuda September 22, 2008

Seadrill Limited

http://www.seadrill.bm

ISIN: BMG7945E1057

Stock Identifier: XOSL.SDRL

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