Prosafe SE: New contemplated bond issue

Prosafe SE is contemplating to issue a senior unsecured bond in the Norwegian
bond market maturing in September 2019. The purpose of the contemplated bond is
refinancing of existing debt and for general corporate purposes.

Danske Bank Markets, Pareto Securities and Swedbank are acting as Joint Lead
Managers for the issuance.

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, 26 August 2014
Georgina Georgiou, General Manager
Prosafe SE

For further information, please contact:

Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 51 64 25 30

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


[HUG#1851070]