Hamilton, Bermuda, April 22, 2015 - Seadrill Limited ("Seadrill or the Company") announces that it has filed its annual report on Form 20-F for the year ended December 31, 2014 with the Securities and Exchange Commission in the U.S.

The report may be accessed on the Company's website, www.seadrill.com, or on 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 2014 audited financial statements, free of charge, by sending an email to: [email protected]

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