Prosafe SE

Regulatory Filings • Feb 7, 2019

Prosafe SE: Safe Scandinavia extended at Ula

Prosafe SE: Safe Scandinavia extended at Ula

Aker BP ASA has exercised the first of eight one-month options to extend the

charter of the Safe Scandinavia. The total value of the option is USD 4.5

million.

In mid-August 2018, the Safe Scandinavia commenced a 7-month firm operational

period at the Ula platform in the Norwegian sector of the North Sea, which will

now continue through to end-April 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, 7 February 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 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act