Prosafe SE : Prosafe SE: BG International contract award for Safe Bristolia in 2014 and 2015

Prosafe SE : Prosafe SE: BG International contract award for Safe Bristolia in
                                2014 and 2015

Prosafe has been awarded a contract by BG International Limited for the
provision of the Safe Bristolia accommodation support rig at the Everest
Platform in the British sector of the North Sea. The two firm periods of the
contract are 197 days in both 2014 and 2015, with on-site operations planned
to commence during April 2014 and April 2015, respectively.

Total value of the contract for both firm periods is approximately USD 119.3
million.

Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 192.3 million in
2011. 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, 21 January 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.

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Source: Prosafe SE via Thomson Reuters ONE
HUG#1671823
 
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