Prosafe SE : Mandatory notification of trade

On 5 December 2014, Karl Ronny Klungtvedt, CEO of Prosafe Management AS, sold 20,000 shares in Prosafe SE at a price of NOK 20.55 per share.  At the same time, Fishfinder AS, a company wholly owned by Karl Ronny Klungtvedt bought 20,000 shares in Prosafe SE at a price of NOK 20.55 per share.

After the transactions, Karl Ronny Klungtvedt and related companies own 72,500 shares and 80,000 synthetic options in Prosafe SE.

Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. 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, 8 December 2014
Georgina Georgiou, General Manager
Prosafe SE

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