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2016-05-12

Prosafe SE: Q1 2016 - presentation material

Please find attached the presentation of the Q1 2016 results. Stig H.
Christiansen, Acting CEO and CFO will go through the presentation during a
webcast/teleconference at 02:00 p.m. CEST today.
To follow the presentation there are two options available:

1. Webcast

Please visitwww.prosafe.comand click on the "Webcast" link at the bottom of
the front page. To listen to the webcast and conference call from the web,
you need to have installed Windows Media Player and have a sound card on your
computer. It will be possible to ask questions via e-mail during the
presentation.

2. Teleconference

To access the conference call, please dial in 5-10 minutes prior to the start
using one of the numbers provided below:

* Participants from Norway: +47 23 50 04 85 or national free phone: 800 56052

* International participants and participants from United Kingdom: +44(0)20
3427 1929
* Participants from United Kingdom - national free phone: 0800 279 4842
* Participants from USA: +1646 254 3371or national free phone: 1877 280 3488

Participants will need to quote the following confirmation code when dialling
into the conference:1059247

There will be a Q&A session subsequent to the presentation. Information on how
to ask questions will be given at the beginning of the Q&A session.

The webcast will be available for replay atwww.prosafe.com

Prosafe is the world's leading owner and operator of semi-submersible
accommodation vessels. 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
towww.prosafe.com

Attachment: Q1 2016 presentation

Larnaca, 12 May 2016
Georgina Georgiou, General Manager
Prosafe SE

For further information, please contact:

Stig Harry Christiansen, Acting CEO and CFO
Prosafe Management AS
Phone: +47 51 64 25 17

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations
Prosafe AS
Phone: +47 47 51 64 25 20

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Q1 2016 presentation
http://hugin.info/64729/R/2012163/745258.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Prosafe SE via Globenewswire

HUG#2012163

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