Hemen Holding Limited, which is indirectly controlled
by trusts established by John Fredriksen for the
benefit of his immediate family, has entered into a
Total Return Swap (TRS) underlying 2.300.000 shares
in Archer Limited expiring January 15th, 2014.
The TRS price is NOK 4,4396 per share.
Hemen Holding Limited's affiliated ownership in
Archer Limited is following this transaction
42.604.658 shares, constituting 7,36 percent of the
issued share capital.
Hemen Holding Limited controls after this in addition
TRS agreements with exposure to totally 2.300.000
shares in Archer Limited.