Prosafe SE

Prosafe SE (OSL:PRS) Prosafe SE informs that the results for the fourth quarter of 2008 and the preliminary results for the year 2008 will be published on 12 February 2009 at approx. 8:30 a.m. CET. Arne Austreid, President & CEO and Karl Ronny Klungtvedt, Exec. VP & CFO will the same day at 02:00 p.m. CET give a presentation of the result at the Hotel Continental, Stortingsgt. 24/26 in Oslo.

Prosafe SE (OSL:PRS) Rig utilisation in the fourth quarter of 2008 was 88 per cent. The rig utilisation for the year 2008 was 92 per cent.

Prosafe SE (OSL:PRS) Prosafe has been awarded a Letter of Intent by Interpetroleum Services Limited for a bareboat contract of the semi-submersible accommodation rig Safe Bristolia at the Cantarell field for Pemex in Mexico.

Prosafe SE (OSL:PRS) The board of directors in Prosafe SE has earlier resolved an annual arrangement that gives the employees the opportunity to acquire shares in the company for a value of up to NOK 7,500 with a discount of 20 per cent.

Prosafe SE (OSL:PRS) The board of directors in Prosafe SE has earlier resolved an annual arrangement that gives the employees the opportunity to acquire shares in the company for a value of up to NOK 7,500 with a discount of 20 per cent.

Prosafe SE (OSL:PRS) Prosafe informs that the following dates have been set for interim reporting:

Prosafe SE (OSL:PRS) Mærsk Olie og Gas AS has exercised the second of two six-month options available for continued use of the Safe Esbjerg accommodation jack-up. Total value of the exercised option period is about EUR 8.2 million.

Prosafe SE (OSL:PRS) Please find attached the presentation of the Q3 2008 result that will be given by Arne Austreid, President & CEO, and Karl Ronny Klungtvedt, Exec. VP & CFO, at the Hotel Continental, Stortingsgt. 24/26 in Oslo at 14:00 hours today.

Prosafe SE (OSL:PRS) Prosafe has been awarded a Letter of Intent by Interpetroleum Services Limited for an extension of the bareboat contract of the semi-submersible accommodation rig Jasminia in the Cantarell field for Pemex in Mexico.

Prosafe SE (OSL:PRS) The financial results for the third quarter were good, with an operating profit of USD 61.2 million and a net profit of USD 59.4 million. A strong market outlook, combined with a robust financial position, provides a good basis for further profitable growth.