Prosafe SE

Report Publication Announcement • Mar 14, 2019

Prosafe SE: Financial Statements for 2018 approved and Annual report 2018 published

Prosafe SE: Financial Statements for 2018 approved and Annual report 2018 published

The Board of Directors of Prosafe SE has approved the financial statements for

2018 showing a net loss of USD 114.5 million.

The Company reported its IFRS unaudited fourth quarter and preliminary full year

2018 results on 5 February 2018. There are no changes to the consolidated

statements of profit and loss or the statements of financial position compared

to those presented on 5 February 2019.

The Annual Report for 2018 is attached and will be published on the company's

website.

The Annual General Meeting will be held on 8 May 2019.

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 14 March 2019

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

Attachment

* Annual report 2018 (https://ml-

eu.globenewswire.com/Resource/Download/e9b8dea8-cacd-4059-823d-63702004b5bd)