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2014-05-28

Sevan Drilling ASA: Annual General Meeting

The board of directors of Sevan Drilling ASA (the "Company") calls for an
annual general meeting to be held at 2.00 pm (CET) on Thursday 19 June 2014,
at theCompany's offices in Tordenskioldsgate 6, Oslo, Norway.

The notice of the meeting has today been distributed to the shareholders and
is enclosed hereto. The complete notice with all appendices can be downloaded
fromthe Company's web site,www.sevandrilling.com.

Shareholders who wish to attend the general meeting are requested to notify
the Company within 5.00 pm (CET) on Tuesday 17 June 2014, by submitting the
enclosedattendance form to Nordea Bank Norge ASA, Verdipapirservice, P.O. Box
1166 Sentrum 0107 Oslo, Norway (fax: +47 22 48 63 49). Voting proxies may be
given byusing the enclosed proxy form.

For further information, please contact:

Scott McReaken, CEO, Sevan Drilling ASA

+47 91194651 mobile

About Sevan Drilling:

Sevan Drilling ASA is an international offshore drilling contractor
specializing in the ultra deepwater segment. Sevan Drilling ASA is listed on
Oslo Børs.

Attendance and proxy form - English
http://hugin.info/147057/R/1789337/615048.pdf
Attendance and proxy form - Norwegian
http://hugin.info/147057/R/1789337/615049.pdf
Sevan Drilling AGM notice
http://hugin.info/147057/R/1789337/615050.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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: Sevan Drilling ASA via Globenewswire

HUG#1789337

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