Prosafe SE - Regulatory Filings 2019

Prosafe SE: Safe Boreas further extended at Mariner

Equinor UK Limited has exercised the fourth of six one-month options available

to them to extend the Safe Boreas at the Mariner project in the UK sector of the

North Sea to accommodate personnel working on Mariner in the hook up and early

production phase through October 2019.

Total value of the one-month option is approximately USD 5 million.

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, 16 August 2019

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 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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