Prosafe SE

Regulatory Filings • Aug 6, 2018

Prosafe SE : Safe Caledonia contract extended by one month at Clair Ridge

Prosafe SE : Safe Caledonia contract extended by one month at Clair Ridge

BP Exploration Operating Company Limited ('BP') has exercised the one-month

option to extend the charter of the Safe Caledonia. Total value of the option is

USD 2.4 million.

The Safe Caledonia commenced a five-month firm operational period end May 2018

at Clair Ridge in the UK sector of the North Sea. The firm operational period

will now continue through to end November 2018.

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

Stavanger, 6 August 2018

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

Phone: +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO

Phone: +47 478 07 813

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.