Prosafe SE

AGM Information • May 10, 2017

Prosafe SE: Annual General Meeting held

Prosafe SE: Annual General Meeting held

Pursuant to the notice of 18 April 2017, an Annual General Meeting of the

shareholders of Prosafe SE was held today, 10 May 2017, at the Company's

registered office at 126 Stadiou, 6020 Larnaca, Cyprus.

As follows from the attached Minutes from the Annual General Meeting, all items

on the agenda were duly approved as proposed.

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, 10 May 2017

Georgina Georgiou, General Manager

Prosafe SE

For further information, please contact:

Glen Ole Rødland, Chairman

Prosafe SE

Phone: +47 907 41 662

Jesper K. Andresen, CEO

Prosafe Management AS

Phone: +47 907 65 155

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.