13/07-2012 08:56:00: (E-ARCHEO.BTSE, ARCHERO.ST, ARCHER) Archer Limited : Share capital increase - exercise of options

Hamilton, Bermuda (July 13, 2012)

In  connection with Archer's option  program, 50,000 options have been exercised
at  a strike  price of  NOK 10.00 per  share. After  this transaction, the total
number of options outstanding in Archer Limited is 12,738,238.

In  connection with  the exercised  options, Archer  Limited has  issued 50,000
common   shares.   The  authorized  share  capital  of  Archer  Limited  is  USD
1,200,000,000 divided into 600,000,000 common shares of par value USD 2.00 each.
Fully  paid and outstanding share capital  of Archer Limited following the share
capital  increase is USD 733,318,240 divided  into 366,659,120 fully paid common
shares of par value of USD 2.00 each.

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



This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Archer Limited via Thomson Reuters ONE
[HUG#1626536]

Nyheden er leveret af Thomson Reuters ONE.