SEVAN DRILLING ASA: Application for Transfer of Listing to Oslo Børs

Reference is made to press releases dated May 11 and 27, 2011, regarding application for listing at Oslo Børs.


Sevan Drilling ASA has now resubmitted its application for a transfer of the listing of its shares to from Oslo Axess to Oslo Børs. It is expected that the board of Oslo Børs ASA will consider the application in its board meeting scheduled for August 24, 2011.


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.

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

For further information, please contact:


Scott Kerr, CEO, Sevan Drilling ASA (Media)

+47 99283890 mobile


Jon H. Wilmann, CFO, Sevan Drilling ASA (Analysts)

+47 64001847 office

+47 90560406 mobile

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