| Issuer: | Weatherford International Ltd. (Bloomberg Ticker: “WFT”) | |
| Guarantor: | Weatherford International, Inc. | |
| Ratings: | Baa1 (stable) Moody’s / BBB+ (stable) S&P | |
| Securities: | $500,000,000 5.15% Senior Notes due March 15, 2013 | |
| $500,000,000 6.00% Senior Notes due March 15, 2018 | ||
| $500,000,000 7.00% Senior Notes due March 15, 2038 | ||
| Format: | SEC registered (global) (No. 333-135244) | |
| CUSIP / ISIN No. | 2013 Notes: 947075 AC1 / US947075AC16 | |
| 2018 Notes: 947075 AD9 / US947075AD98 | ||
| 2038 Notes: 947075 AE7 / US947075AE71 | ||
| Trade Date: | March 19, 2008 | |
| Expected Settlement: | March 25, 2008 | |
| Maturity: | 2013 Notes: March 15, 2013 | |
| 2018 Notes: March 15, 2018 | ||
| 2038 Notes: March 15, 2038 | ||
| Price To Public: | 2013 Notes: 99.794% of principal amount | |
| 2018 Notes: 99.462% of principal amount | ||
| 2038 Notes: 99.655% of principal amount | ||
| Coupon: | 2013 Notes: 5.15% per year (payable semi-annually) | |
| 2018 Notes: 6.00% per year (payable semi-annually) | ||
| 2038 Notes: 7.00% per year (payable semi-annually) | ||
| from March 25, 2008 to but excluding March 15, 2013, March 15, 2018, and March 15, 2038 for the 2013 Notes, 2018 Notes and 2038 Notes, respectively | ||
| Interest Payment Dates: | March 15 and September 15, beginning September 15, 2008 | |
| Benchmark Treasury: | 2013 Notes: 2.75% due February 28, 2013 | |
| 2018 Notes: 3.50% due February 15, 2018 | ||
| 2038 Notes: 5.00% due May 15, 2037 | ||
| Benchmark Treasury Spot: | 2013 Notes: 2.368% | |
| 2018 Notes: 3.373% | ||
| 2038 Notes: 4.198% |
| Spread: | 2013 Notes: +283 basis points over Benchmark Treasury | |
| 2018 Notes: +270 basis points over Benchmark Treasury | ||
| 2038 Notes: +283 basis points over Benchmark Treasury | ||
| Yield: | 2013 Notes: 5.198% | |
| 2018 Notes: 6.073% | ||
| 2038 Notes: 7.028% | ||
| Make Whole Call At Any Time: | The greater of 100% of principal amount or discounted present value at Adjusted Treasury Rate +45 bps (0.45%) for the 2013 Notes, +40 bps (0.40%) for the 2018 Notes, and +45 bps (0.45%) for the 2038 Notes | |
| Denominations: | $2,000 and multiples of $1,000 in excess of $2,000 | |
| Joint Bookrunners: | Goldman, Sachs & Co. | |
| Deutsche Bank Securities Inc. | ||
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | ||
| Co-Managers: | ABN AMRO Incorporated | |
| J.P. Morgan Securities Inc. | ||
| Simmons & Company International |
