Prosafe SE

Prosafe SE (OSL:PRS) Prosafe SE has on 2 September 2008 purchased 200,000 own shares at an average price of NOK 46.7646 per share at Oslo Børs.

Prosafe SE (OSL:PRS) Please find attached the presentation of the Q2 2008 result that will be given by Arne Austreid, President & CEO, and Karl Ronny Klungtvedt, Exec. VP & CFO, at the Thon Hotel Vika Atrium in Oslo at 14:00 hours today.

Prosafe SE (OSL:PRS) Prosafe delivered its best second quarter ever, with operating revenues of USD 125.9 million (USD 95.9 million in the same period last year) and operating profit before depreciation of USD 75.3 million (USD 50.0 million). Operational performance was strong and utilisation of the rig fleet was 99 per cent. Solid earnings, high quality assets and a positive market outlook give Prosafe a good foundation for further profitable development.

Prosafe SE (PSFSF.PK) Prosafe SE informs that the results for the second quarter of 2008 will be published on 28 August 2008 at approx. 8:30 a.m. CET.

Prosafe SE (PSFSF.PK) Rig utilisation in the second quarter of 2008 increased to 99 per cent from 87 per cent in the first quarter of 2008.

Prosafe SE (PSFSF.PK) Prosafe SE has on 17 July 2008 purchased 17,800 own shares at an average price of NOK 45.4006 per share at Oslo Børs.

Prosafe SE (PSFSF.PK) Prosafe SE has on 16 July 2008 purchased 350,000 own shares at an average price of NOK 45,111 per share at Oslo Børs.

Prosafe SE (PSFSF.PK) Prosafe SE has on 15 July 2008 purchased 350,000 own shares at an average price of NOK 46,0261. per share at Oslo Børs.

Prosafe SE (PSFSF.PK) Prosafe SE has on 14 July 2008 purchased 75,800 own shares at an average price of NOK 47,2082 per share at Oslo Børs.

Prosafe SE (PSFSF.PK) Prosafe SE has on 11 July 2008 purchased 173,200 own shares at an average price of NOK 46,9154 per share at Oslo Børs.