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August 21, 2015

Prosafe SE : Dividend approved

The Board of Directors resolved to declare an interim dividend equivalent to USD 0.048 per share to shareholders of record as of 28 August 2015.

The shares will trade ex dividend on 27 August 2015. The dividend will be paid in the form of NOK 0.40 per share on 10 September 2015.

Prosafe is the world's leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 248.3 million in 2014 and net profit was USD 178.8 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 to www.prosafe.com

Larnaca, 21 August 2015
Georgina Georgiou, General Manager
Prosafe SE

For further information, please contact:

Stig H. Christiansen, Chief Financial Officer
Prosafe Management AS
Phone: +47 478 07 813

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

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations
Prosafe AS
Phone: +47 991 09 467



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