Prosafe SE

Dividend approved

The Board of Directors resolved to declare an interim dividend equivalent to USD
0.133 per share to shareholders of record as of 9 March 2012.

The shares will trade ex-dividend on 7 March 2012. The dividend will be paid in
the form of NOK 0.74 per share on 21 March 2012.

Prosafe is the world´s leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 192.3 million in 2011.
The company operates globally, employs 550 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, 1 March 2012
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: [phone]

Cecilie Helland Ouff, Finance and IR Manager
Prosafe AS
Phone: [phone]

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

This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Prosafe SE via Thomson Reuters ONE

[HUG#1590400]

Wertpapiere des Artikels:
CY0100470919