Invitation to company presentation in London

Prosafe invites investors, analysts and brokers to a presentation of the

company's current status and outlook. The presentation will take place at The

Westbury Mayfair Hotel, Bond Street, Mayfair, London W1S 2YF on 23 February from

8.30 am to 9.30 am.

The presentation will be given by Arne Austreid, President and CEO and Karl

Ronny Klungtvedt, EVP Strategy and Corporate Planning.

If you would like to attend this company presentation, please send an email to

Prosafe is the world's leading owner and operator of semi-submersible service

rigs. Operating profit reached USD 232.2 million in 2008. The company operates

globally, employs approx. 400 persons and is headquartered in Larnaca, Cyprus.

Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more

information, please refer to www.prosafe.com .

Larnaca, 1 February 2010

Prosafe SE

For further information please contact:

Arne Austreid, President and CEO

Phone no: +357 2462 1746 / +357 992 75 030

Karl Ronny Klungtvedt, EVP Strategy and Corporate Planning

Phone: +47 51 64 25 81 / +47 908 81 657

[HUG#1379089]

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