Prosafe SE: Financial Statements for 2018 approved and Annual report 2018 published

The Board of Directors of Prosafe SE has approved the financial statements for
2018 showing a net loss of USD 114.5 million.

The Company reported its IFRS unaudited fourth quarter and preliminary full year
2018 results on 5 February 2018. There are no changes to the consolidated
statements of profit and loss or the statements of financial position compared
to those presented on 5 February 2019.

The Annual Report for 2018 is attached and will be published on the company's
website.

The Annual General Meeting will be held on 8 May 2019.

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

Stavanger 14 March 2019
Prosafe SE

For further information, please contact:

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

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 478 07 813



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

Attachment

* Annual report 2018 (https://ml-
eu.globenewswire.com/Resource/Download/e9b8dea8-cacd-4059-823d-63702004b5bd)