SEADRILL LIMITED

CUSIP: G7945E105 Class: COM

DENALI ADVISORS LLC's Holding History (CIK: 0001142941)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015
Shares 138,500 Value ($000) $470 Avg Close — Range —
Q3 2015
Shares 138,500 Value ($000) $817 Avg Close — Range —
Q2 2015
Shares 74,600 Value ($000) $771 Avg Close — Range —
Q1 2015
Shares 143,400 Value ($000) $1,341 Avg Close — Range —
Q4 2014
Shares 147,700 Value ($000) $1,764 Avg Close — Range —
Q3 2014
Shares 220,800 Value ($000) $5,909 Avg Close — Range —
Q2 2014
Shares 19,300 Value ($000) $771 Avg Close — Range —