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Financial calendar update
Prosafe informs that the Annual General Meeting scheduled for 11 May has been deferred until 25 May.

Prosafe otherwise intends to present its financial results in 2016 according to the previously announced plan as follows:

Quarterly Report - Q1 - 12.05.2016
Quarterly Report - Q2 - 24.08.2016
Quarterly Report - Q3 - 03.11.2016

Prosafe reserves the right to amend the dates.

Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 167 million in 2015 and net profit was USD 85.6 million. The company operates globally, employs 850 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 April 2016
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

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations
Prosafe AS
Phone: +47 51 64 25 20