Prosafe SE

Board/Management Information • May 11, 2010

PROD - Proxies for Annual General Meeting 11 May 2010 (update)

Referring to previous announcement regarding proxies for the Annual General

Meeting 11 May 2010.

In addition to the proxies without specific voting instructions, corresponding

to17.89% of the share capital, Reidar Lund, Chairman of Prosafe Production

Public Limited, has been appointed to act as proxy with specific voting

instructions for a total of 26.65% of the share capital. This means that he has

been appointed to act as proxy for a total of 44.54% of the share capital.

Limassol, 11 May 2010

Prosafe Production Public Limited

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1414609]