SDRL - Minutes from the Annual General Meeting 2011

Hamilton, Bermuda, September 23, 2011 - Seadrill Limited (the "Company") advises
that the 2011 Annual General Meeting of the Company was held on September
23, 2011 at 9:30 a.m. at the Elbow Beach Hotel, 60 South Shore Road, Paget PG04,
Bermuda.  The following resolutions were passed:
 
1)      To re-elect John Fredriksen as a Director of the Company.
 
2)      To re-elect Tor Olav Trøim as a Director of the Company.
 
3)      To re-elect Kate Blankenship as a Director of the Company.
 
4)      To re-elect Kathrine Fredriksen as a Director of the Company.
 
5)   To re-elect Carl Erik Steen as a Director of the Company.
 
6)   To re-appoint PricewaterhouseCoopers as auditors and to authorise the
Directors to determine their remuneration.
 
7)   That the remuneration payable to the Company's Board of Directors of a
total amount of fees not to exceed US$800,000 be approved for the year ended
December 31, 2011.
 
In addition, the audited consolidated financial statements for the Company for
the year ended December 31, 2010 were presented to the Meeting.
 
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
 
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Source: Seadrill Limited via Thomson Reuters ONE
 
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