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Dividend Declaration

22 Apr 2010 18:00

Schlumberger Declares Quarterly Dividend

The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.21 per share of outstanding common stock. The dividend is payable on July 2, 2010 to stockholders of record at the close of business on June 2, 2010.

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 78,000 people representing over 140 nationalities and working in more than 80 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. For more information, visit www.slb.com.

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For further information, contact

Malcolm Theobald - Vice President of Investor RelationsRobert Bergeron - Manager of Investor Relations

Office + 1 (713) 375-3535investor-relations@slb.com

Copyright Business Wire 2010

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