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Seadrill Partners LLC: SDLP - Seadrill Partners LLC Third Quarter 2016 Cash Distribution

London, United Kingdom, October 27, 2016 -
Seadrill Partners LLC (NYSE: SDLP) ("Seadrill Partners" or the "Company")
announced today that its board of directors has declared a quarterly cash
distribution with respect to the quarter ended September 30, 2016 of $0.10
per unit, in line with the second quarter distribution.

This cash distribution will be paid on or about November 14, 2016 to all
unitholders of record as of the close of business on November 7, 2016.


This news release includes forward looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company's plans, strategies, business prospects, changes and trends in
its business and the markets in which it operates. In particular, statements
regarding projected changes in the Company's cash distributions, liquidity,
amount of the Company's estimated maintenance and replacement capital
expenditures, the Company's anticipated growth strategies and its ability to
re-contract its drilling rigs are considered forward looking statements.
These statements are made based upon management's current plans,
expectations, assumptions and beliefs concerning future events impacting the
Company and therefore involve a number of risks, uncertainties and
assumptions that could cause actual results to differ materially from those
expressed or implied in the forward looking statements, which speak only as
of the date of this news release. Important factors that could cause actual
results to differ materially from those in the forward looking statements
include, but are not limited to the performance of the drilling rigs in the
Company's fleet; delay in payment or disputes with customers; fluctuations in
the international price of oil; changes in governmental regulations that
affect the Company or the operations of the Company's fleet; increased
competition in the offshore drilling industry; hire rates and factors
affecting supply and demand for drilling rigs; the financial condition of the
Company's existing or future customers; and general economic, political and
business conditions globally. Consequently, no forward looking statement can
be guaranteed. When considering these forward looking statements, you should
keep in mind the risks described from time to time in the Company's filings
with the SEC, including its Annual Report on Form 20-F (File No. 001-35704).

The Company undertakes no obligation to update any forward looking statements
to reflect events or circumstances after the date on which such statement is
made or to reflect the occurrence of unanticipated events. New factors emerge
from time to time, and it is not possible for us to predict all of these
factors. Further, the Company cannot assess the impact of each such factor on
its business or the extent to which any factor, or combination of factors,
may cause actual results to be materially different from those contained in
any forward looking statement.


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Seadrill Partners LLC via Globenewswire

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