Prosafe SE

Notice of Dividend Amount • Nov 5, 2014

Prosafe SE : Correction to ex dividend date

Prosafe SE : Correction to ex dividend date

Reference is made to press release sent earlier today about the approved interim

dividend equivalent to USD 0.053 per share to shareholders of record as of 14

November 2014.

The shares will trade ex dividend on 13 November 2014. The dividend will be paid

in the form of NOK 0.36 per share on 26 November 2014.

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

accommodation/service rigs. 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, 5 November 2014

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 81

Sven Børre Larsen, Chief Financial Officer

Prosafe Management AS

Phone: +47 909 43 673

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1868853]