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Archer Limited : Mandatory notification of trade

On June 15, 2012, Mr. Max Bouthillette, General Counsel & EVP and primary insider of Archer Limited, purchased 35,000 shares at an average price of USD 8.26 per share in Archer Limited.

After this transaction, Mr. Max Bouthilette holds directly and indirectly 35,000 shares and 550,000 stock options in Archer Limited.

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