Application for registration has been filed with the Cyprus Register of Companies, and Prosafe SE expects that the registration and transfer of the registered office will take place Friday 21 September 2007 or one of the next few days. Confirmed date of transfer, new par value of the shares and new ISIN-number will be published as soon as registration has taken place.
The new office address of Prosafe SE will be 126 Stadiou, CY-6020 Larnaca, Cyprus. The telephone number for the switchboard is +357 246 22 450.
Prosafe is the world's leading owner and operator of semi-submersible service rigs and a major owner and operator of floating production and storage vessels. Operating profit reached USD 150 million in 2006. The company operates globally, employs approx. 1 000 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.
Stavanger, 20 September 2007
Prosafe SE
For further information, please contact:
Arne Austreid, President and CEO
Phone: +357 2462 1746 / +47 900 77 334
Karl Ronny Klungtvedt, Exec. VP and CFO
Phone: +357 2462 1982 / +357 996 88 169