Prosafe SE

AGM Information • Oct 23, 2015

Prosafe SE : Extraordinary General Meeting held

Prosafe SE : Extraordinary General Meeting held

The Extraordinary General Meeting of the shareholders of Prosafe SE was held on

23 October 2015 at 9 a.m. Cyprus time in the company's registered office at 126

Stadiou, 6020 Larnaca, Cyprus. All items as proposed on the agenda were adopted.

Please find attached the minutes of the Extraordinary General Meeting.

Prosafe is the world's leading owner and operator of semi-submersible

accommodation vessels. Operating profit reached USD 248.3 million in 2014 and

net profit was USD 178.8 million. The company operates globally, employs 800

people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo

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

www.prosafe.com

Larnaca, 23 October 2015

Georgina Georgiou, General Manager

Prosafe SE

For further information, please contact:

Karl Ronny Klungtvedt, Chief Executive Officer

Prosafe Management AS

Phone: +47 51 64 25 00

Stig Harry Christiansen, Chief Financial Officer

Prosafe Management AS

Phone: +47 51 64 25 17

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.

[HUG#1961063]