Prosafe SE

Regulatory Filings • Sep 17, 2019

Prosafe SE: Update on Merger process with Floatel – Competition Process UK

Prosafe SE: Update on Merger process with Floatel – Competition Process UK

Reference is made to press release published on 5(th) September. Prosafe has

been informed by the Competition and Markets Authority (CMA) in the UK that they

will refer the merger to Phase 2.

Prosafe confirms that the company will apply for a three-week extension in order

to evaluate whether to enter Phase 2.

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, 17 September 2019

Prosafe SE

For further information, please contact:

Glen Ole Rødland, Chairman of Prosafe: + 47 907 41 662

Jesper Kragh Andresen, CEO of Prosafe: +47 907 65 155

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act