Hemen Holdings Ltd, which is indirectly controlled by
trusts established by John Fredriksen for the benefit
of his immediate family, has on 5 December 2014
acquired 2,700,000 shares in Seadrill Limited at a
price of $12.40. Hemen Holding Ltd's affiliated
ownership in Seadrill is following this transaction
117,797,583 shares, constituting 23.89 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
Finance Ltd., an affiliated company, owns call
options over 2,031,652 shares.