Hamilton, Bermuda (July 19, 2016)

Archer Limited advises that its 2016 Annual General Meeting will be held on September 23, 2016. The record date for voting at the Annual General Meeting is set to July 25, 2016. The notice, agenda and associated material will be distributed prior to the meeting.

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