Weatherford International Ltd./Switzerland: announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

3 June 2009capital raising announcement● Neutral

This amendment repeats the TNK-BP Oilfield Services purchase terms and attaches the sale and purchase agreement as an exhibit. It adds that the shares go to TNK-BP in a private deal with one party, exempt from registration. No new commercial terms are added.

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