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Prosafe SE Major Shareholding Notification 2016

May 13, 2016

Major Shareholding Notification

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Notification of Major Holdings

Black Creek Investment Management Inc. ("Black Creek")

has on May 12, 2016 sold 675,765 shares in Prosafe

SE. The resulting number of voting rights held by

Black Creek is 12,468,529.

Black Creek now holds 4.80% of the voting rights of

Prosafe SE.