Seadrill Limited On June 18, 2008, Seadrill Limited closed previous forward contacts for 11, 394,700 shares in Scorpion Offshore Ltd and simultaneously entered into a forward contract for the equivalent number of shares with due date on December 18, 2008. Following these transactions, Seadrill controls19,494,700 shares corresponding to 36.0 percent of the outstanding shares.

The total ownership percentage has been calculated based on an issued share capital in Scorpion Offshore Ltd of 54,205,156 shares.



Seadrill Limited Hamilton Bermuda June 18, 2008

Seadrill Limited

http://www.seadrill.bm

ISIN: BMG7945E1057

Stock Identifier: XOSL.SDRL

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