>>> Rocket Internet - Kinnevik owns 13.15% of Rocket Internet after capital incr

Kinnevik owns 13.15% of Rocket Internet after capital increase 

Following Rocket Internet's announcement of an additional capital raise of EUR 589m or 7.8% of the equity through a private placement to a limited number of international institutional investors, Kinnevik ownership of 21,716,964 shares correspond to 13.15% of capital and votes in Rocket Internet.

The share price in the equity raise was 49 EUR per share. At this share price, Rocket Internet's value in the Kinnevik Net Asset Value amount to SEK 10,140m[1] compared to SEK 10,620m in the year-end report.


Reminder
Rocket Int placed 12,010,224 new shares @ €49, proceeds to be used to pursue strategic growth.

(UBS) Total - 4Q14: Limited further upside drives downgrade to Neutral

Clean net income beats consensus by 10% on below EBIT items
4Q14 net income beat consensus despite a 15% miss on Upstream EBIT (with the low
price realisations pre-released). The beat came largely below the operating line, with a
low interest charge driven by a credit in respect of a mark to market on the Sunpower
convertible bonds, while tax charge was also lower than forecast (mix). As with the
many other majors) the reported results were impacted by an impairment charge
($7.8bn) – attributed to: $2.2bn for the Canadian oil sands (mostly relating to the
cancellation of Joslyn); $2.1bn for US unconventional gas assets; and $1.4bn related to
European refineries (part reflecting the Lindsey capacity reduction).

>>> Frontline : Buyback of 4.50 % Frontline Ltd. Convertible Bond Issue



From: LAURENT CHEKROUN (MAKOR SECURITIES LLP) At: Feb 13 2015 08:40:51
Subject: >>> Frontline : FRO NO : Buyback of 4.50 % Frontline Ltd. Convertible Bond Issue
FRO NO : Buyback of 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015

The Company has through market purchases executed February 12, 2015 bought USD 33,300,000 notional in the 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015 - ISIN NO 001057149.0 at a purchase price of 99%.

After the purchase, Frontline holds USD 131,600,000 notional representing 58.5% in the 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015 - ISIN NO 001057149.0.

>>> Frontline : FRO NO : Buyback of 4.50 % Frontline Ltd. Convertible Bond Issue

FRO NO : Buyback of 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015

The Company has through market purchases executed February 12, 2015 bought USD 33,300,000 notional in the 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015 - ISIN NO 001057149.0 at a purchase price of 99%.

After the purchase, Frontline holds USD 131,600,000 notional representing 58.5% in the 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015 - ISIN NO 001057149.0.

>>> SeadDrill - Will be delay Petrobras Contracts; Will remove $1.1B removed fro

Will be delay Petrobras Contracts; Will remove $1.1B removed from backlog reported in Q3 

At the time of its third quarter earnings release in November 2014, Seadrill Limited ("Seadrill" or "the Company") announced that Petrobras approval had been received for the extensions of its ultra-deepwater semi-submersibles the West Taurus and West Eminence. Due to recent developments within Petrobras, the Company no longer believes the contracts will be concluded in the timeframe or on the previously approved commercial terms. Consequently, Seadrill will remove US$1.1 billion from the backlog reported in its third quarter earnings release. Seadrill continues to work with Petrobras and its partners to find a mutually agreeable commercial solution.

At the time of the third quarter earnings release Seadrill also announced approval for contract awards on the Libra Field for the ultra-deepwater drillships the West Tellus and West Carina. The final contracts have been signed and commencement of operations is expected to begin in the second quarter of 2015.