Prosafe SE

Report Publication Announcement • Dec 13, 2010

Financial calendar 2011

Prosafe SE plans to release quarterly results in 2011 as follows:

17 February 2011 - Publication of fourth quarter 2010 / preliminary 2010 results

25 May 2011 - Publication of first quarter 2011 results

25 May 2011 - Annual General Meeting

25 August 2011 - Publication of second quarter 2011 results

2 November 2011 - Publication of third quarter 2011 results

16 February 2012 - Publication of fourth quarter 2011 / preliminary 2011 results

Prosafe reserves the right to amend the dates.

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

accommodation/service rigs. Operating profit reached USD 218.6 million in 2009.

The company operates globally, employs approx. 400 people 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, 13 December 2010

Prosafe SE

For further information, please contact:

Karl Ronny Klungtvedt, Chief Executive Officer

Phone: +357 9968 8169

Cecilie Ouff, Finance and IR Manager

Phone: +47 51 64 25 20 / +47 99 10 94 67

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1471597]