Prosafe SE: Q1 2011 results and webcast/teleconference on 23 May 2012

Prosafe SE will publish its results for the first quarter of 2012 on 23 May 2012 at approx. 01:00 p.m. Central European Summer Time (CEST). In connection with the release, Karl Ronny Klungtvedt, CEO and Sven Børre Larsen, CFO will hold a webcast/teleconference the same day at 02:00 p.m. CEST. To follow the presentation there are two options available: 1.     Webcast Please visit www.prosafe.com and click on the "Webcast" link on the front page. To listen to the conference call from the web you need to have installed Windows Media Player and you need to have a sound card on your computer. It will be possible to ask questions via e-mail during the presentation. 2.     Teleconference To access the conference call, please call in at one of the numbers provided below: * International and UK attendees are invited to call +44(0)20 3364 5381 * US attendees are invited to call +1 646 254 3364 * Norwegian attendees are invited to call +47 2316 2729 Participants will need to quote the following confirmation code when dialling into the conference: 9354876. There will be a Q&A session subsequent to the presentation. Information on how to ask questions will be given at the beginning of the Q&A session. In order to view the presentation while listening to the conference, please download the presentation material from www.prosafe.com. The webcast will be available for replay at www.prosafe.com. 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, 7 May 2012 Georgina Georgiou, General Manager Prosafe SE This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 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#1609351]