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EANS-Adhoc: Weatherford Announces Director Nominees And Annual Meeting Agenda

Geschrieben am 19-04-2013

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Personnel/Annual Meeting
19.04.2013

GENEVA, April 18, 2013 -- Weatherford International Ltd. (NYSE /
Euronext Paris / SIX: WFT) today announces its director nominees for
2013 and informs its shareholders of the agenda for the 2013 Annual
General Meeting.

(Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO)

Weatherford has nominated two new directors this year: Mr. John D.
Gass and Mr. Francis S. Kalman. Mr. Gass is a retired Vice President
of Chevron Corporation, having spent 38 years in positions of
increasing responsibility at Chevron in engineering, operations and
executive management. Mr. Kalman is retired from McDermott
International, where he served as Executive Vice President and Chief
Financial Officer. He formerly served as an executive and as a chief
financial officer of several other companies and has served on
several corporate boards, including chairing the audit committee. If
elected, Mr. Kalman will serve as Vice Chairman of Weatherford's
Audit Committee.

Weatherford's current directors also will be nominated for
reelection, except for Dr. Samuel W. Bodman, III, who is retiring and
has declined to stand for reelection for personal reasons.
Weatherford expresses its deep gratitude to Dr. Bodman for his
service to the company.

end of ad-hoc-announcement ==========================================
====================================== Weatherford's 2013 Annual
General Meeting will be held on June 20, 2013 at 9:00 a.m. at the
Mandarin Oriental Hotel, Quai Turrettini 1, 1201 Geneva, Switzerland,
for the following purposes:

1. Approve the 2012 Annual Report, the Consolidated Financial Statements for
fiscal year 2012 and the Statutory Financial Statements of Weatherford
International Ltd. for fiscal year 2012.
2. Discharge the Board of Directors and executive officers from liability
under Swiss law for the year ended December 31, 2012.
3. Elect the following nominees as directors to hold office until the 2014
Annual General Meeting: Dr. Bernard J. Duroc-Danner, Mr. Nicholas F.
Brady, Mr. David J. Butters, Mr. John D. Gass, Mr. Francis S. Kalman, Mr.
William E. Macaulay, Mr. Robert K. Moses, Jr., Dr. Guillermo Ortiz, Sir
Emyr Jones Parry and Mr. Robert A. Rayne.
4. Ratify the appointment of KPMG LLP as Weatherford International Ltd.'s
independent registered public accounting firm and elect KPMG AG as
Weatherford International Ltd.'s statutory auditor for the year ending
December 31, 2013.
5. Approve amendments to Weatherford International Ltd.'s Articles of
Association to authorize issuable authorized share capital in an amount
equal to 18.22 % of current stated capital and grant an authorization of
the Board of Directors to issue shares from authorized share capital for
the period from June 20, 2013 to June 20, 2015.
6. Adopt an advisory resolution approving the compensation of the named
executive officers.
7. Any other matters that may properly come before the meeting.

Weatherford International Ltd. has established the close of business
on May 30, 2013 as the record date for determining the registered
shareholders entitled to attend, vote or grant proxies to vote at the
meeting or any adjournments or postponements of the meeting.

Additional Information and Where to Find It

Weatherford International Ltd. has filed with the U.S. Securities and
Exchange Commission ("SEC") a preliminary version of the proxy
statement for its upcoming 2013 Annual General Meeting. The document
is subject to review by the SEC and is expected to be final later in
the month. The document includes additional information about
Weatherford, its corporate governance, executive compensation, and
other matters pertaining to the meeting, and is subject to change
until a definitive proxy statement is filed with the SEC. Investors
are urged to read Weatherford's proxy statement carefully (including
in definitive form when it is available) as it contains important
information.

Weatherford makes available free of charge on its website, its Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports
on Form 8-K, reports filed pursuant to Section 16 of the U.S.
Securities Exchange Act of 1934 and amendments to those reports filed
with or furnished to the SEC as soon as reasonably practicable after
Weatherford electronically files these documents with, or furnishes
them to, the SEC.

Copies of Weatherford's proxy statement for its upcoming 2013 Annual
General Meeting and the documents filed with or furnished to the SEC
are or will be available for free through the website maintained by
the SEC at www.sec.gov or on Weatherford International Ltd.'s website
at www.weatherford.com — under "Investor Relations". The same will be
true for documents necessary to vote shares, when available. These
materials may also be obtained by calling Weatherford International
Ltd.'s toll phone line at: +1 (713) 836-4000 or without charge by
calling or upon written request to:

Weatherford International Ltd.
Investor Relations
4-6 Rue Jean-Francois Bartholoni
1204 Geneva, Switzerland

Participants in the Solicitation

Weatherford International Ltd. and its directors, executive officers
and certain other members of management and employees, as well as
Phoenix Advisory Services, as proxy solicitor, and Mr. Gass and Mr.
Kalman, as director nominees, may be deemed to be participants in the
solicitation of proxies in respect of the proposed matters to be
voted upon at Weatherford International Ltd.'s 2013 Annual General
Meeting of the Shareholders. Information about the directors and
executive officers of Weatherford International Ltd. who may, under
the rules of the SEC, be considered participants in the solicitation,
and their direct or indirect interests, by security holdings or
otherwise, which may be different from those of Weatherford
International Ltd.'s shareholders generally, may be found in the
preliminary proxy statement for Weatherford's 2013 Annual General
Meeting of Shareholders, filed with the SEC on April 18, 2013 and
other relevant materials filed, or to be filed, with the SEC,
including the definitive proxy statement when available. Such filings
may be found on the websites listed above or by contacting the
company as noted above.

Further inquiry note:
John H. Briscoe, Senior Vice President and Chief Financial Officer,
+1.713.836.4610; Karen David-Green, Vice President - Investor Relations,
+1.713.836.7430

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Weatherford International Ltd.
Rue Jean-Francois Bartholoni 4-6
CH-1204 Geneva
phone: +41.22.816.1500
FAX: +41.22.816.1599
mail: karen.david-green@weatherford.com
WWW: http://www.weatherford.com
sector: Oil & Gas - Upstream activities
ISIN: CH0038838394
indexes:
stockmarkets: Main Standard: SIX Swiss Exchange, stock market: New York, Euronext
Paris
language: English


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