Harald Thorstein, director of the board of Archer Ltd., has on 17 June 2016 acquired 5,600 shares in Archer. The transaction was concluded at a price of NOK 5.41 per share and the shares were acquired from Squal Invest, a company wholly owned by Mr. Thorstein. Following this transaction Mr. Thorstein’s direct and indirect ownership in Archer, remains unchanged at 5,600 shares.

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