HAMILTON, Bermuda, Oct. 27, 2006 (PRIMEZONE) -- Reference is made to the press release dated October 26, 2006, where shareholders in Eastern Drilling ASA that have accepted the mandatory offer were given the option to withdraw their acceptances.
On October 26, 2006, acceptances for a total of 963,409 shares equaling approximately 2.9 percent of the total number of outstanding shares and votes in Eastern Drilling ASA were withdrawn from the mandatory offer. Following this transaction Seadrill controls 20,299,811 shares which constitute approximately 60.4 percent of the outstanding shares and votes in Eastern Drilling ASA.
Seadrill Limited Hamilton, Bermuda October 27, 2006