Notification

Notification

Hemen Holding Ltd, which is indirectly controlled by
trusts established by John Fredriksen for the benefit
of his immediate family, has extended TRS
agreements relating to 3.9 million shares in Seadrill
Limited. The new expiration of the TRS agreements is
June 12th 2014. The exercise price on the
agreements is NOK 208.6084 per share. Hemen Holding
Ltd's affiliated ownership in Seadrill is following
this transaction unchanged 115,097,583 shares,
constituting 24.60 percent of the issued share
capital. In addition, Hemen Holding hold TRS
agreements with exposure to 3,900,000 shares in
Seadrill Limited and Famatown owns call options over
2.000.000 shares.