Prosafe SE: Safe Scandinavia extended at Ula

Aker BP ASA has exercised the first of eight one-month options to extend the
charter of the Safe Scandinavia. The total value of the option is USD 4.5
million.

In mid-August 2018, the Safe Scandinavia commenced a 7-month firm operational
period at the Ula platform in the Norwegian sector of the North Sea, which will
now continue through to end-April 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, 7 February 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 51 64 25 17 / +47 478 07 813


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