Prosafe SE

Notice of Dividend Amount • May 13, 2015

Prosafe SE : Dividend approved

Prosafe SE : Dividend approved

The Board of Directors resolved to declare an interim dividend equivalent to USD

0.048 per share to shareholders of record as of 21 May 2015.

The shares will trade ex dividend on 20 May 2015.  The dividend will be paid in

the form of NOK 0.36 per share on 3 June 2015.

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

accommodation/service rigs. 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, 13 May 2015

Georgina Georgiou, General Manager

Prosafe SE

For further information, please contact:

Sven Børre Larsen, Chief Financial Officer

Prosafe Management AS

Phone: +47 51 64 25 30

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#1921383]