Prosafe SE

Pre-Annual General Meeting Information • Mar 6, 2017

Prosafe SE: Notice of extraordinary general meeting

Prosafe SE: Notice of extraordinary general meeting

Prosafe SE ("Prosafe" or the "Company") calls for an extraordinary general

meeting to be held on 22 March 2017 at 01:00 p.m. CET at the Company's

registered office at 126 Stadiou Street, 2nd floor, 6020 Larnaca, Cyprus.

The purpose of the extraordinary general meeting is the election of two new

Directors.

For further detailed information, please see the attached notice. The notice

will be distributed to shareholders in accordance with the Company's articles.

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, 6 March 2017

Georgina Georgiou, General Manager

Prosafe SE

For further information, please contact:

Stig Harry Christiansen, Deputy CEO and CFO

Prosafe Management AS

Phone: +47 51 64 25 17 / +47 478 07 813

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations

Prosafe AS

Phone: +47 51 64 25 20 / +47 991 09 467

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.