Aker BP ASA has exercised the first of eight one-month options to extend the charter of the Safe Scandinavia. The total value of the option is USD 4.5 million.

In mid-August 2018, the Safe Scandinavia commenced a 7-month firm operational period at the Ula platform in the Norwegian sector of the North Sea, which will now continue through to end-April 2019.

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com

Stavanger, 7 February 2019 Prosafe SE For further information, please contact:

Jesper K. Andresen, CEO Phone: +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act