IR news

SEAW – Approved for Listing on the Oslo Børs

Hamilton, Bermuda (November 25, 2010)

Reference is made to news release of September 23, 2010 where Seawell Limited informed about the intent to apply for listing of its shares on the Oslo Stock Exchange.

The Board of Oslo Børs (Oslo Stock Exchange) resolved in its meeting on November 24, 2010 to admit shares in Seawell Limited for listing on Oslo Børs.

The Financial Supervisory Authority of Norway has today approved the listing prospectus.

The prospectus will be available at  and

The prospectus can also be obtained from:

Seawell Management AS

Løkkeveien 107

P.O. Box 332

4002 Stavanger


Telephone: +47 51 30 80 00

Fax: +47 51 30 80 01

RS Platou Markets AS

Haakon VII’s gate 10

P.O. Box 1474 Vika

N-0116 Oslo


Telephone: +47 22 01 63 00

Telefax: +47 22 01 63 10

The Company will have its first trading day, tomorrow, Friday November 26, 2010.

The Company has retained RS Platou Markets AS as manager (the “Manager”) and Wiersholm, Mellbye & Bech, advokatfirma AS as legal adviser in connection with the listing process

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)