Prosafe SE: Contract extensions in Mexico


Cotemar Group has confirmed that Safe Britannia, Safe Lancia and Jasminia have had their current contracts extended until end-March 2013, mid-September 2013 and late-May 2013, respectively.

The total value of these extensions is approximately USD 21 million.

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, 6 February 2013
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

Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673

Cecilie Helland Ouff, Finance and IR Manager
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.