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2014-05-30

Sevan Drilling ASA: Sevan Louisiana Update

Following the press release on 16 May, 2014 Sevan Louisiana has completed
acceptance testing and commenced its 1,095 day contract with LLOG in the US
Gulf of Mexico on 28 May, 2014.

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.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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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

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