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DewDiligence

11/03/10 6:38 AM

#1692 RE: OakesCS #645

Exercise-and-hold by insiders at SLB:

http://online.wsj.com/article/SB10001424052748704462704575590671151323904.html

At Schlumberger Ltd., insiders have been steadily increasing their holdings in the global oil-services provider by not selling shares. In the last ten weeks, six Schlumberger executives exercised 126,000 stock options and either didn't sell shares at all, or sold only a portion of those they acquired. In all, the Schlumberger insiders added 58,595 shares to their holdings, net of the sales.