Prosafe SE: Contract and extension awards in Mexico

Cotemar Group has confirmed that Safe Britannia has been awarded a 640-day contract until the end of 2014 and that the Jasminia contract has been extended to the end of October 2013. The total value of the contract and extension is approximately USD 58.5 million. For more information on the dayrates, please refer to Prosafe's website: http://www.prosafe.com/contract-information/category482.html. Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 222.4 million in 2012 and net profit was USD 177.5 million. The Company operates globally, employs 550 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 April 2013 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 81 Sven Børre Larsen, Chief Financial Officer Prosafe Management AS Phone: +47 909 43 673 Cecilie Helland Ouff, Finance and IR Manager 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. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Prosafe SE via Thomson Reuters ONE [HUG#1689726]