Arne Austreid, President & CEO and Bjørn Henriksen, Exec. VP & CFO will the same day, on 5 August 2005 at 09:00 a.m., give a presentation of the result at the Hotel Continental, Stortingsgt. 24/26 in Oslo.
The presentation can also be followed via web streaming at http://www.prosafe.com. It will be possible to ask questions after the presentation. If you wish to ask questions through the internet, you can do so by sending an e-mail (further details in the web cast console).
The connection to the web streaming can be tested from 1 August 2005 on Prosafe's web site where you will find a link to the web cast on the main page.
Prosafe is the world's leading owner and operator of semi-submersible service rigs, a leading platform drilling contractor in Norway and a major owner and operator of floating production and storage vessels outside the North Sea. Operating revenues reached USD 470 million in 2004. The company has approx. 1,450 employees. Prosafe operates in the North Sea, South East Asia, India, Egypt, West Africa and the Gulf of Mexico. The company is headquartered in Stavanger, Norway. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com.