Sevan Drilling ASA: Annual Report and Notice of Annual General Meeting

The board of directors of Sevan Drilling ASA (the "Company") calls for an annual general meeting to be held at 9.00 am (CET) on Monday 13 May 2013, at the Company's offices in Tordenskioldsgate 6, Oslo, Norway.

The notice of the meeting has today been distributed to the shareholders and is enclosed hereto, together with the Company's annual report for 2012. The annual report and the complete notice with all appendices can also be downloaded from the Company's web site,

Shareholders who wish to attend the general meeting are requested to notify the Company within 5.00 pm (CET) on Thursday 9 May 2013, by submitting the enclosed attendance 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 by using the enclosed proxy form.

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 to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.




Annual Report for 2012

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