Prosafe SE

Major Shareholding Notification • Jul 21, 2016

Position of previous notification (if appli-

cable)

Date:22 October 2015 ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)'

		1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are at-
tached ® :
Prosafe SE
126 Stadiou Street
1st floor
CY 6020 Larnaca
Cyprus
T: 357-2462-2450
		2. Reason for the notification (please tick the appropriate box or boxes):
	[X] An acquisition or disposal of voting rights
	[] An acquisition or disposal of financial instruments
	[] An event changing the breakdown of voting rights
[] Other (please specify)":
3. Details of person subject to the notification obligation":
Name: Clifford S. Asness
4. Full name of shareholder(s) (if different from 3.)":
5. Date on which the threshold was crossed or reached":
2016-07-20
6. Total positions of person(s) subject to the notification obligation:
	% of voting rights	% of voting rights		Total number of
	attached to shares	through financial in-	Total of both in %	voting rights of
	(total of 7.A)	struments	$(7.A + 7.B)$	issuer vit
Resulting situation		(total of $7.B.1 + 7.B.2$ )
on the date on which
threshold was	5.05%	0%	5.05%	259,570,359
crossed or reached

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached^**:

A: Voting rights attached to shares

Class/type of shares	Number of voting rights *		% of voting rights
ISIN code (if possi- ble)	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)
CY0100470919		13,104,891		5.05%
SUBTOTAL A		13,104,891		5.05%

		B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial instrument	Expiration $date^*$	Exercise/ Conversion Period *	Number of voting rights that may be acquired if the instrument is exer- cised/converted.	% of voting rights
		SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of financial instrument	Expiration $date^x$	Exercise/ Conversion Period *	Physical or cash settlement xii	Number of voting rights	% of voting rights
			SUBTOTAL B.2

1. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity^xiv:

Name $\infty$	% of voting rights if it equals or is higher than the notifia- ble thresh- old	% of voting rights through financial in- struments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Clifford S. Asness
AQR Capital Management Group GP, LLC
AQR Capital Management Group L.P.
AQR Capital Management Hold- ings, LLC
AQR Capital Management, LLC	5.05%	$0\%$	5.05%

1. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of $[date]$

2. Additional information^xv:

Clifford S. Asness

2016-07-21

Annex: Notification of major holdings (only to be filed with competent authority and not with the relevant issuer)

A: Identity of the person subject to the notification obligation
Full name (including legal form for legal entities)
Clifford S. Asness
Contact address (registered office for legal entities)
Two Greenwich Plaza Greenwich, CT 06830 USA
E-Mail
Regreporting@agr.com
Phone number / Fax number
Phone Number: +001 203 742-6683 +001 203 742 6183 Fax Number:
Other useful information (at least legal a contact person for legal persons)
Contact person: Kevinraj Bhatia Phone number: +001 203 742-6683 +001 203 742 6183 Fax Number: Email: regreporting@agr.com
B: Identity of the notifier, if applicable

Full name

Contact address

E-Mail

Phone number / Fax number

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)