SDRL - Filing of Annual Report 2011 on Form 20-F

Hamilton, Bermuda, April 30, 2012 - Seadrill Limited (the "Company") announced that it has filed its annual report on Form 20-F for the year ended December 31, 2011. Seadrill has made its Annual Report on Form 20-F available on its website www.seadrill.com.

Seadrill's Annual Report on Form 20-F, may be accessed in the website of the U.S. Securities and Exchange Commission www.sec.gov.

Shareholders may also request a hard copy of the Annual Report, which includes the Company's complete 2011 audited financial statements, free of charge, by sending an email to: ir@seadrill.com

This information is subject of the disclosure requirements according to §5-12 vphl (Norwegian Securities Trading Act)