SDRL - SDRL - Seadrill reach 65.94% ownership in Asia Offshore Drilling Ltd

Hamilton, Bermuda,26 November 2012 - Seadrill Limited

("Seadrill") has today acquired additional 1,127

shares of Asia Offshore Drilling Limited

(the "Company", OSE: AOD). The shares were acquired

at price NOK 28.70 per share. Following this

acquisition, Seadrill will be the owner of 26,377,643

shares in the Company, corresponding to 65.94% of the

total number of outstanding shares in the Company.

This information is subject of the disclosure

requirements acc. to §5-12 vphl (Norwegian Securities

Trading Act).