Prosafe SE

Report Publication Announcement • Apr 18, 2016

Prosafe SE: Financial calendar update

Prosafe SE: Financial calendar update

Prosafe informs that the Annual General Meeting scheduled for 11 May has been

deferred until 25 May.

Prosafe otherwise intends to present its financial results in 2016 according to

the previously announced plan as follows:

Quarterly Report - Q1 - 12.05.2016

Quarterly Report - Q2 - 24.08.2016

Quarterly Report - Q3 - 03.11.2016

Prosafe reserves the right to amend the dates.

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

accommodation vessels. Operating profit reached USD 167 million in 2015 and net

profit was USD 85.6 million. The company operates globally, employs 850 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, 18 April 2016

Georgina Georgiou, General Manager

Prosafe SE

For further information, please contact:

Karl Ronny Klungtvedt, Chief Executive Officer

Prosafe Management AS

Phone: + 47 51 64 25 81

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations

Prosafe AS

Phone: +47 51 64 25 20

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#2004353]