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Archer Limited : Mandatory notification of trade

On Friday November 29, 2013, Mr. Christoph Bausch, Executive Vice President & CFO and primary insider of Archer Limited, purchased 30,000 shares at an average price of NOK 4.80 per share in Archer Limited.

After this transaction, Mr. Christoph Bausch holds directly and indirectly 60,000 shares and 400,000 stock options in Archer Limited.

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