Prosafe SE : Prosafe SE: Contract and extension awards in Mexico

       Prosafe SE : 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.

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Source: Prosafe SE via Thomson Reuters ONE
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