Prosafe SE - Regulatory Filings 2018

Prosafe SE :Safe Boreas contract extended by 1 month at Mariner

Equinor UK Limited (formerly Statoil (UK) Limited) has exercised the first of

six one-month options to extend the charter of the Safe Boreas. The total value

of the option is USD 6 million.

In early August 2017, the Safe Boreas commenced a 13 month firm operational

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

will now continue through to early October 2018.

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

vessels. The company is headquartered in Larnaca, Cyprus and listed on the Oslo

Stock Exchange with ticker code PRS.

For more information, please refer to www.prosafe.com

Stavanger,19 July 2018

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

Prosafe Management AS

Phone: +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO

Prosafe Management AS

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

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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