Prosafe SE

Director's Dealing • Aug 28, 2014

Prosafe SE : Mandatory notification of trade

Prosafe SE : Mandatory notification of trade

Fishfinder AS, a company wholly owned by Karl Ronny Klungtvedt, Chief Executive

Officer of Prosafe Management AS, has purchased 2,500 shares in Prosafe SE at a

share price of NOK 37.90 per share. After this, Karl Ronny Klungtvedt and

related companies own 72,500 shares and 80,000 synthetic options in Prosafe SE.

Saturnia Invest AS, a company owned by Sven Børre Larsen, Chief Financial

Officer of Prosafe Management AS, and related parties has today purchased 3,000

shares in Prosafe SE at an average share price of NOK 37.90 per share. After

this, Sven Børre Larsen and related companies own 21,000 shares and 60,000

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, 28 August 2014

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

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1851750]