Prosafe SE - AGM Information 2016

Prosafe SE: Extraordinary general meeting request

Prosafe SE (the "Company" or "Prosafe") has received a request for the convening

of an extraordinary general meeting from its shareholder North Sea Strategic

Investments AS (representing more than 10% of the Company's issued and voting

shares) for the purpose of electing new/supplemental directors to the board of

directors of Prosafe.

Based on the request, a notice of an extraordinary general meeting will be

distributed by the board as soon as practicably possible. The notice will be

sent to all shareholders with known addresses, and made available on

www.newsweb.no and www.prosafe.com . The Company's election committee has been

asked to prepare a proposal ahead of the extraordinary general meeting.

Larnaca, 5 February 2016

Georgina Georgiou, General Manager

Prosafe SE

For further information, please contact:

Thomas Raaschou, Chairman of Election Committee

Prosafe SE

Mob: +47 484 04 242

Georgina Georgiou, General Manager

Prosafe SE

Phone: +357 24 622 450

Karl Ronny Klungtvedt, Chief Executive Officer

Prosafe Management AS

Phone: + 47 51 64 25 00

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1984012]

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