Seadrill Buys Shares in Aker Drilling ASA



On October 30, 2006, Seadrill purchased 8,565,800 shares in Aker Drilling ASA at an average price of NOK 34.999. After these transactions Seadrill's shareholding in Aker Drilling ASA totals 9,309,400 shares corresponding to 10.01 percent of total outstanding shares in Aker Drilling ASA.

The total ownership percentage has been calculated using an issued share capital in Aker Drilling ASA of 93,000,000 shares.

RELATED COMPANIES