SEAW - Seawell Limited changes name to Archer Limited

Hamilton Bermuda, (May 18, 2011) In the Special General Meeting held May 16, the name of  the Company was changed from Seawell Limited to Archer Limited. The Company's new ticker at Oslo Stock Exchange is ARCHER, effective May 20, 2011. The Company's web address is:www.archerwell.com This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Seawell via Thomson Reuters ONE [HUG#1516913]