SDLP - Seadrill Partners LLC Announces Closing of Public Offering

London, United Kingdom, September 29, 2014 - Seadrill Partners LLC SDLP ("Seadrill Partners" or the "Company") announced today the closing of its previously announced public offering of 8,000,000 common units representing limited liability company interests at a price of $30.68 per common unit.  The Company intends to use the net proceeds from the public offering for general company purposes, which may include acquisitions, repayment of indebtedness and working capital purposes. 

Copies of the prospectus supplement and accompanying base prospectus related to this offering may be obtained from the offices of:

Morgan Stanley
Attention:  Prospectus Department
180 Varick Street, 2nd Floor
New York, NY 10014
Email:  prospectus@morganstanley.com

Barclays
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone:  (888) 603-5847
Email:  barclaysprospectus@broadridge.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The common units in the public offering were offered and sold pursuant to an effective registration statement on Form F-3 previously filed with the Securities and Exchange Commission (the "SEC") (File No. 333-196286). This offering may be made only by means of a prospectus supplement and accompanying base prospectus, which will be filed with the SEC.

FORWARD LOOKING STATEMENTS

The statements in this press release that are not historical facts may be forward-looking statements. These forward looking statements, which include statements related to the public offering of common units and the use of proceeds therefrom, are based upon the current beliefs and expectations of Seadrill Partners' management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The information set forth herein should be read in light of such risks. Seadrill Partners does not assume any obligation to update the information contained in this press release.

Questions should be directed to:
Graham Robjohns: Chief Executive Officer
Rune Magnus Lundetræ: Chief Financial Officer