Prosafe SE

Pre-Annual General Meeting Information • Oct 6, 2015

Prosafe SE : Notice of Extraordinary General Meeting

Prosafe SE : Notice of Extraordinary General Meeting

Notice is hereby given that an Extraordinary General Meeting of Prosafe SE will

be held at the company's registered office at 126 Stadiou Street, 6020 Larnaca,

Cyprus on 23 October 2015 at 9 a.m. Cyprus time.

Attached the full notice which includes the agenda, the recommendation of the

election committee, notice of attendance at the Extraordinary General

Meeting/Proxy and detailed voting instructions. The documents are also available

on Prosafe's website www.prosafe.com

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

Attachment: Notice of EGM

Larnaca, 6 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

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1956943]