On Friday December  5, 2014, Mr. David King, Chief Executive Officer and primary insider of Archer Limited, purchased 162,850 shares at an average price of USD 0.6142 (NOK 4.36) per share in Archer Limited.

After this transaction, Mr. David King holds directly and indirectly 162,850 shares and 5,000,000 stock options in Archer Limited.

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