Archer Limited : Mandatory notification of trade

On February 4, Mr. Ronney Coleman, President North America & EVP and primary insider of Archer Limited, purchased 100,000 shares at an average price of NOK 6.73 per share in Archer Limited.

After this transaction, Mr. Ronney Coleman holds directly and indirectly 175.000 shares and 500.000 stock options in Archer Limited.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.