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2016-01-21

Prosafe SE: Q4 2015 results and webcast on 4 February 2016

Prosafe SE informs that the results for the fourth quarter of 2015 will be
published on 4 February 2016 at approx. 08:30 a.m. CET. Karl Ronny
Klungtvedt, Chief Executive Officer and Stig Harry Christiansen, Chief
Financial Officer will the same day at 11:00 a.m. CET give a presentation of
the result at Felix Konferansesenter, Bryggetorget 3, Oslo.

The presentation can be followed live via web streaming
athttp://www.prosafe.com. It will also be possible to ask questions via
e-mail during the presentation. The connection to the web streaming can be
tested from 1 February 2016. You will find a link to the webcast on the main
page of Prosafe's website.

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

Prosafe is the world's leading owner and operator of semi-submersible
accommodation vessels. Operating profit reached USD 248 million in 2014 and
net profit was USD 179 million. The company operates globally, employs 800
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

Larnaca, 21 January 2016
Georgina Georgiou, General Manager
Prosafe SE

For further information, please contact:

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.

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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

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