Prosafe SE

Prosafe SE: Prosafe wins contract for Safe Swift in Mediterranean Sea

Prosafe acting as commercial managers for the Axis Offshore owned Safe Swift has

won a contract to support the TechnipFMC managed Bahr Essalam, Phase II

development in the Central Mediterranean Sea.

The Safe Swift accommodating over 200 persons will operate gangway connected to

the Sabratha platform, which is situated approximately 110km off the Libyan

coast in a water depth of approximately 190m.

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

vessels. The Company is headquartered in Larnaca, Cyprus and listed on the Oslo

Stock Exchange with ticker code PRS. For more information, please refer to

www.prosafe.com

Larnaca, 29 November 2017

Georgina Georgiou, General Manager

Prosafe SE

For further information, please contact:

Stig Harry Christiansen, Deputy CEO and CFO

Prosafe Management AS

Phone: +47 47 80 78 13

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations

Prosafe AS

Phone: +47 51 64 25 20

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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