Prosafe SE: Dividend approved

On 20 August 2014, the Board of Directors resolved to declare an interim dividend equivalent to USD 0.16 per share to shareholders of record as of 29 August 2014.

The shares will trade ex-dividend on 27 August 2014. The dividend will be paid in the form of NOK 0.98 per share on 10 September 2014.

Prosafe is the world's leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 245.1 million in 2013 and net profit was USD 199.1 million. The company operates globally, employs 650 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, 21 August 2014
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

Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673

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