Quarterly Dividend

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Schlumberger Announces Record Date for Dividend

PARIS--(BUSINESS WIRE)--Jul. 24, 2012-- Schlumberger Limited (NYSE:SLB) issued a press release on July 19, 2012, indicating that its Board of Directors had declared a quarterly dividend of $0.275 per share of outstanding common stock, payable on October 12, 2012 to stockholders of record at the close of business on September 3, 2012. For clarification, the effective record date for the dividend will be the close of business on August 31, 2012, not September 3, 2012.

About Schlumberger

Schlumberger is the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 115,000 people representing over 140 nationalities and working in about 85 countries, Schlumberger provides the industry's widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston and The Hague and reported revenues from continuing operations of $36.96 billion in 2011. For more information, visit http://www.slb.com.

Source: Schlumberger

Schlumberger
Malcolm Theobald, + 1 (713) 375-3535
Vice President of Investor Relations
or
Joy V. Domingo, + 1 (713) 375-3535
Manager of Investor Relations
investor-relations@slb.com