SEADRILL PARTNERS LLC

We are a limited liability company formed by Seadrill Limited (NYSE: SDRL) to own, operate and acquire offshore drilling rigs.

We also intend to leverage the relationships, expertise and reputation of Seadrill to re-contract our fleet under long-term contracts. Seadrill is one of the world's largest international offshore drilling contractors, and we believe Seadrill will be motivated to facilitate our growth because of its significant ownership interest in us.

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