SDRL - Seadrill approved for listing on the New York Stock Exchange

HAMILTON, BERMUDA, Apr 06 (MARKET WIRE) --
Seadrill Limited is pleased to announce that the registration by the
Company with the United States Securities and Exchange Commission to
become a reporting company has been completed and that the Company has
been approved for listing of its common shares on the New York Stock
Exchange (NYSE). The common shares will be listed on the NYSE under the
symbol "SDRL" and trading is expected to begin on Thursday April 15, 2010.

John Fredriksen, President and Chairman, Seadrill Limited, commented,
"Since its incorporation in 2005, Seadrill has had the ambition to list
on the New York Stock Exchange. We have over the last years built one of
the largest offshore drilling companies and the listing marks an
important milestone in the development of our Company."

A copy of the Company's Registration Statement on Form 20-F may be found
on the SEC EDGAR databaseat:
http://www.sec.gov/Archives/edgar/data/1351413/000091957410002740/0000919574-10-
002740-index.htm

This information is subject of the disclosure requirements acc. to
Section 5-12 vphl (Norwegian Securities Trading Act)

[HUG#1400607]

Analyst contact:
Jim Datland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19

Media contact:
Trond Brandsrud
Chief Financial Officer
Seadrill Management AS
+47 51 30 99 19

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