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Prosafe SE M&A Activity 2019

Mar 29, 2019

3718_rns_2019-03-29_de3144bc-7626-4893-a596-ad09e154f64a.html

M&A Activity

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Prosafe SE: Safe Scandinavia further extended

Prosafe SE: Safe Scandinavia further extended

Aker BP ASA has exercised the second of three one-week options.

The total value of the option is approximately USD 1 million with operations

continuing into mid-May 2019.

Prosafe is a leading owner and operator of semi-submersible accommodation

vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.

For more information, please refer to www.prosafe.com (http://www.prosafe.com/)

Stavanger, 29 March 2019

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO

Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act