Prosafe SE will publish its results for the first quarter of 2016 on 12 May 2016 at approx. 08:30 Central European Summer Time (CEST). In connection with the release, Stig H. Christiansen, Acting CEO and CFO will hold a webcast/teleconference the same day at 02.00 p.m. CEST.

To follow the presentation there are two options available:

1. Webcast

Please visit www.prosafe.com and 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. The connection to the webcast can be tested from 9 May 2016.

2. Teleconference

To access the conference call, please dial in 5-10 minutes prior to the start using at 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.

In order to view the presentation while listening to the conference, please download the presentation material from www.prosafe.com.

The webcast will be available for replay at www.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 to www.prosafe.com

Larnaca, 2 May 2016
Georgina Georgiou, General Manager
Prosafe SE


For further information, please contact:

Stig Harry Christiansen, Acting Chief Executive Officer and Chief Financial Officer
Prosafe Management AS
Phone: +47 51 64 25 17

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.

---

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#2008849