Prosafe SE: Prosafe appoints new Chief Financial Officer

Prosafe is pleased to announce the appointment of Stig H. Christiansen as new
Chief Financial Officer for Prosafe Management AS. The effective date of Mr.
Christiansen's employment is yet to be determined.

Mr. Christiansen brings with him more than 20 years of experience from
management and finance positions in the oil and gas industry. Since 2009 he has
been Chief Executive Officer of the international oil service provider Add
Energy Group AS and before that he was Senior Vice President - Group Finance in
the E&P company Statoil ASA. Mr. Christiansen was employed by Prosafe in the
period from 1997 to 2005, the last five years of which as Chief Financial
Officer for the Group.

Mr. Christiansen holds an MBA in International Business Economics from the
University of Aalborg, Denmark, and is a Bachelor of Commerce from the
University of Birmingham, UK.

"We are delighted to see Stig back in Prosafe. Not only does he know the company
and the industry well from his years here, but he has also accumulated a wealth
of knowledge and experience from other parts of the oil and gas value chain. His
contribution has been important in past successes of Prosafe and we are looking
forward to working together with him in developing the company further and
continuing creating shareholder value," says Karl Ronny Klungtvedt, Chief
Executive Officer, Prosafe Management AS.

The current Chief Financial Officer, Sven Børre Larsen resigned in late May
(ref. announcement on 27 May 2015) to assume a similar position in TGS-NOPEC
Geophysical Company.

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, 3 July 2015
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 00

Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


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