Prosafe SE: Second contract extension for Safe Astoria at North Rankin B

2012-11-08 08:48:17 -

Woodside Energy Ltd has exercised the second of two 30-day options, thereby

extending Safe Astoria's operations at the North Rankin Redevelopment Project

until 30th December 2012.



The value of the exercised option is approximately USD 5.7 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, 8 November 2012

Georgina Georgiou, General Manager

Prosafe SE



For further information, please contact:

Cecilie Helland Ouff, Finance and IR Manager

Prosafe AS

Phone: +47 51 64 25 20 / +47 991 09 467



This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.







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Source: Prosafe SE via Thomson Reuters ONE

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