On Thursday December 4, 2014, Mr. Max Bouthillette, Executive Vice President & General Counsel and primary insider of Archer Limited, purchased 100,000 shares at an average price of USD 0.63 (NOK 4.43) per share in Archer Limited.

After this transaction, Mr. Max Bouthillette holds directly and indirectly 175,000 shares and 1,750,000 stock options in Archer Limited.

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