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Prosafe SE : Prosafe SE: Contract extensions in Mexico



            Prosafe SE : Prosafe SE: Contract extensions in Mexico

Cotemar Group has confirmed that Safe Britannia, Safe Lancia and Jasminia have
had their current contracts extended until end-March 2013, mid-September 2013
and late-May 2013, respectively.

The total value of these extensions is approximately USD 21 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, 6 February 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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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#1676016
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