Prosafe SE: Additional one-month contract extension for Safe Astoria at Malampaya

Prosafe and Shell Philippines Exploration B.V. ('SPEX') have agreed a one month
extension to the firm period for the provision of the Safe Astoria accommodation
support vessel at the Malampaya Phase 3 Depletion Compression Project offshore
Philippines.

Total value of the firm extension period is approximately USD 5 million.


Prosafe is the world's leading owner and operator of semi-submersible
accommodation vessels. 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, 8 June 2015
Georgina Georgiou, General Manager
Prosafe SE


For further information, please contact:

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


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


[HUG#1926835]