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September 12, 2017

Prosafe SE: Total extends Safe Caledonia at Central Graben

Total E & P UK Limited ("Total")  has extended the charter of the Safe Caledonia semi-submersible accommodation vessel at the Elgin-Franklin Facility in the UK sector of the North Sea.

The 30-day option extends on site operations through until late October 2017.

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is headquartered in Larnaca, Cyprus and listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com

Larnaca, 12 September 2017
Georgina Georgiou, General Manager
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Prosafe Management AS
Phone: +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Prosafe Management AS
Phone: +47 51 64 25 17 / +47 478 07 813

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations
Prosafe AS
Phone: +47 51 64 25 20 / +47 991 09 467

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