EANS-Adhoc: Weatherford Announces Change Of Auditors

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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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other
08.03.2013

GENEVA, March 8, 2013 -- Weatherford International Ltd. (NYSE /
Euronext Paris / SIX: WFT) today announces that the audit committee
of its board of directors approved the engagement of KPMG LLP as its
independent registered public accounting firm for the year ending
December 31, 2013. The committee determined that as a matter of good
corporate governance, it is appropriate at this time to rotate to a
different firm to serve as the company's auditors. This appointment
is subject to ratification by Weatherford's shareholders at the 2013
Annual General Meeting. At that meeting, the Company also expects to
propose the election by our shareholders of KPMG AG as our Swiss
statutory auditor for the year ending December 31, 2013.

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

Weatherford International Ltd. 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 International Ltd.
electronically files these documents with, or furnishes them to, the
SEC. These documents are posted on Weatherford International Ltd.'s
website at www.weatherford.com — under "Investor Relations."

The SEC maintains a website that contains reports, proxy statements
and other information regarding issuers that file electronically with
the SEC. These materials may be obtained electronically by accessing
the SEC's home page at http://www.sec.gov.

Copies of the above referenced information will also be made
available, free of charge, by calling or upon written request to:

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

Contacts: John H.Briscoe +1.713.836.4610
Senior Vice President and Chief Financial Officer

Karen David-Green +1.713.836.7430
Vice President - Investor Relations

Further inquiry note:
Contacts: John H.Briscoe +1.713.836.4610
Senior Vice President and Chief Financial Officer

Karen David-Green +1.713.836.7430
Vice President - Investor Relations

end of announcement euro adhoc
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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