Prosafe SE

Director's Dealing • Dec 8, 2014

Prosafe SE : Mandatory notification of trade

Prosafe SE : Mandatory notification of trade

On 5 December 2014, Karl Ronny Klungtvedt, CEO of Prosafe Management AS, sold

20,000 shares in Prosafe SE at a price of NOK 20.55 per share.  At the same

time, Fishfinder AS, a company wholly owned by Karl Ronny Klungtvedt bought

20,000 shares in Prosafe SE at a price of NOK 20.55 per share.

After the transactions, Karl Ronny Klungtvedt and related companies own 72,500

shares and 80,000 synthetic options in Prosafe SE.

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

accommodation vessels. Operating profit reached USD 245.1 million in 2013 and

net profit was USD 199.1 million. The company operates globally, employs 650

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, 8 December 2014

Georgina Georgiou, General Manager

Prosafe SE

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1878103]