Mandatory Notification of Trade

Jan Erik Tveteraas, CEO in Sevan Drilling ASA, has bought 70,000 shares at NOK 7.813 per share through his wholly owned company Supernova AS. Following this transaction, Mr. Tveteraas and related companies owns 321,388 shares and 2,000,000 options.

The information in this announcement is subject to the disclosure requirements of the Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs - Continuing Obligations.




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