Hemen Holding, a company indirectly controlled by John Fredriksen, has on 30 December 2005 purchased *439,200* 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 *99,041,916* shares in SeaDrill following the purchase. John Fredriksen is Chairman of the Board of SeaDrill Ltd.