Hamilton, Bermuda (November 8, 2017)

Ørjan Svanevik, Chairman of Archer Limited (ARCHER), has resigned from the Board of Directors of Archer. The board would like to thank Mr. Svanevik for his substantial contribution to Archer.

The Board of Directors will proceed to elect a new Chairman of the Board in due course.

For additional information, please contact:

Dag Skindlo, CFO and Director of Archer

Mobile: +47 982 26 624

Dag.Skindlo@archerwell.com

About Archer

Archer is a global oil services company with a heritage that stretches back over 40 years. With a strong focus on safety and delivering the highest quality products and services, Archer operates in 40 locations over 19 countries providing drilling services, well integrity & intervention, plug & abandonment and decommissioning to its upstream oil and gas clients. Archer is publicly traded on the Oslo Stock Exchange under the ticker ARCHER.

www.archerwell.com


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