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Prosafe SE Director's Dealing 2010

Mar 23, 2010

3718_dirs_2010-03-23_191d56b9-3002-4aa5-8f2f-2f6b58cd7d10.html

Director's Dealing

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PROD - Mandatory Notification of Trade

Primary insider Helge Ystheim, President of Prosafe Production Sevices Pte.

Ltd., on 22 March bought 38,000 shares in Prosafe Production Public Ltd. at a

price of NOK 13.39605. After the transaction Mr. Ystheim holds 60,000 shares,

60,000 synthetic options with a strike of NOK 36.52 and 150,000 synthetic

options with a strike of NOK 12.09.

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

(Norwegian Securities Trading Act)

[HUG#1396392]