NADL - Completes Placement Of NOK 1,500 Million Unsecured Bond Issue

HAMILTON, Bermuda, Oct. 17, 2013 (GLOBE NEWSWIRE) --
North Atlantic Drilling Ltd. hassuccessfully completed a NOK 1,500 million senior unsecured bond issue withmaturity in October 2018. Settlement date is expected to be October 30, 2013. Anapplication will be made for the bonds to be listed on the Oslo Børs. The netproceeds from the bond issuance will be used to repay existing indebtedness.DNB Markets, Danske Bank, Nordea Markets, Pareto Securities, SEB and SwedbankFirst Securities acted as Joint Lead Managers for the issuance.This information is subject of the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.[HUG#1736525]
CONTACT: Seadrill         +47 51 30 99 00