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Archer Limited : Mandatory notification of trade

On February 6, Mr. Max Bouthillette, General Counsel and EVP and primary insider of Archer Limited, purchased 40,000 shares at an average price of NOK 6.87 per share in Archer Limited.

After this transaction, Mr. Max Bouthillette holds directly and indirectly 75.000 shares and 550.000 stock options in Archer Limited.

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