Prosafe SE : Prosafe SE: Cancellation of treasury shares

           Prosafe SE : Prosafe SE: Cancellation of treasury shares

Reference is made to the Annual General Meeting (AGM) on14 May 2013. The AGM
approved the reduction of the issued share capital from Euro 60,734,197.50
divided into 242,936,790 ordinary shares of Euro 0.25 each, to Euro
58,993,264.75 divided into 235,973,059 ordinary shares of Euro 0.25 each by
the cancellation of 6,963,731 ordinary shares held by the Company as treasury
shares.

Prosafe hereby confirms that 6,963,731 treasury shares have been cancelled in
the Verdipapirsentralen ASA (VPS).

Shares issued in VPS prior to the AGM: 242,936,790.

The current number of shares issued in the VPS: 235,973,059.

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 570
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, 18 June 2013
Georgina Georgiou, General Manager
Prosafe SE

For further information, please contact:

Cecilie Helland Ouff, Senior Manager Finance and IR
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#1710155
 
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