Prosafe SE

PRS: Purchase order for up to 23,597,306 shares in Prosafe SE

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR

ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR

RELEASE WOULD BE UNLAWFUL

PRS: Purchase order for up to 23,597,306 shares in

Prosafe SE

Date: 17 November 2015

Arctic Securities AS has been engaged by a financial

investor to explore the opportunity to buy up to

23,597,306 shares in Prosafe SE corresponding to 10 %

of the number of shares issued by the company. The

price per share will be set based on a bookbuilding

process carried out by Arctic Securities AS within an

indicative price range of NOK 24.00 - 25.00 per share.

The purchase order will commence as of publication of

this notice and expire on 18 November 2015 at 08.30

CET. The purchase order may be closed earlier or

extended.

If sales orders for more than the ordered shares are

received, some or all sales orders may be reduced at

the sole discretion of the investor. If sales orders

for less than the purchase order are received, the

investor reserves the right, at its sole discretion,

to purchase fewer shares or no shares at all.

Shareholders who wish to sell shares should call

Arctic Securities AS on +47 21 01 31 85.

US based shareholders are excluded from the purchase

order, and any sales orders received from US based

shareholders will be disregarded without further

notice.

Sales orders are irrevocable and cannot be withdrawn

by the shareholder after receipt by Arctic Securities

AS.

The investor reserves the right, at its sole

discretion, not to complete the purchase order if the

price, volume or other terms achieved are not

acceptable to the investor. If the purchase order is

completed, settlement will take place on or about 20

November 2015 (subject to change). If the purchase

order is not completed, all shares for which sales

orders have been received will be released without

further compensation to the shareholder.

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