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
[HUG#1656145]