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Sevan Drilling ASA: Annual General Meeting Completed

Annual General Meeting in Sevan Drilling ASA ("Sevan Drilling" or the "Company") was held today at 1.00 pm (CET) in the Company's premises in Tordenskioldsgate 6, Oslo, Norway.

Minutes from the Annual General Meeting documenting the resolutions made are attached hereto. As follows from the minutes, all proposals from the Board of Directors were duly adopted by the General Meeting. Benedicte Schilbred Fasmer was appointed as a new Director to replace Anne Breive in accordance with the recommendation from the Nomination Committee.

For further information, please contact:

Scott Kerr, CEO, Sevan Drilling ASA
+47 99283890 mobile

Jon H. Wilmann, CFO, Sevan Drilling ASA
+47 90560406 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.

20120515_Sevan_Drilling_ASA_Minutes_Annual_General_Meeting

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