Inside Declaration SeaDrill


HAMILTON, Bermuda, Jan. 2, 2006 (PRIMEZONE) -- Hemen Holding, a company indirectly controlled by John Fredriksen, has on 30 December 2005 purchased 432,900 shares, at an average price of NOK 53,7075 per share, in SeaDrill Ltd.

Following the purchase of the above mentioned shares, Hemen Holding controls a total of 89,640,200 shares in SeaDrill Ltd.

Including shares held through Geveran Trading, John Fredriksen is the beneficial owner of 99,035,616 shares in SeaDrill following the purchase. John Fredriksen is Chairman of the Board of SeaDrill Ltd.



            

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