Archer Limited announces third quarter 2012 earnings release date and conference call information

Hamilton, Bermuda (November 27, 2012)

Archer's third quarter 2012 results are scheduled to be released on Monday December 3, 2012 before the start of trading on the Oslo Stock Exchange.

In connection with the earnings release, a conference call will be held at 13:00 London time (14:00 Oslo time) on Monday December 3, 2012.

To access the call, which is open to the public, please contact the conference call operator at the participant telephone numbers listed below.  Please call in 10 minutes prior to the scheduled start time, and ask for the "Archer Third Quarter 2012 Results Conference Call."

Participant Telephone Numbers:                       
+4420 7136 6283                           UK Toll
0800 279 4992                               UK Toll Free

+1646 254 3363                             USA Toll
1877 280 2296                               USA Toll Free

+472350 0486                                Norway Toll
800 56054                                      Norway Toll Free

Confirmation Code:                         7485484

The operator will ask for your name, company and the confirmation code.

Following the presentation there will be a Q&A session.  Information on "how to ask questions" will be given at the beginning of the Q&A session.

Playback Option:

If you are unable to participate in the conference call on the day, there is an opportunity to listen to a replay on www.archerwell.com/webcast or to listen to a playback by dialing:

+44 (0)20 3427 0598          UK Toll
+1 347 366 9565                US Toll
+47 2100 0498                   Norway Toll

followed by replay access number: 7485484#

Participant list information required: Full name & company

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

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