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Prosafe SE

Legal Proceedings Report Apr 9, 2020

3718_rns_2020-04-09_41a91da1-6a38-4a1c-95b9-2a5caa7fef96.html

Legal Proceedings Report

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Prosafe SE: Commercial discussions with Clients

Prosafe SE: Commercial discussions with Clients

Prosafe confirms that the company is in dialogue with clients regarding

potential temporary off-hire and/or potential contract amendments. There are no

formal conclusions at this point and Prosafe will provide an update as soon as

there is clarity on the situation and any related consequences.

Prosafe is a leading owner and operator of semi-submersible accommodation

vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.

For more information, please refer to www.prosafe.com (http://www.prosafe.com)

Stavanger, 9 April 2020

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

Phone: +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO

Phone: +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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