Prosafe SE (OSL:PRS) Mandatory Notification Of Trade

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 has on 28 November 2008 transferred 1,792 of its own shares to Prosafe employees at an average share price of NOK 29.2969. After that transaction, Prosafe owned 7,010,768 own shares.

Yesterday, Prosafe SE transferred 9,063 of its own shares to Prosafe employees at an average share price of NOK 23.5849.

After this transaction Prosafe SE owns a total of 7,001,705 own shares.

Larnaca, 30 December 2008 Prosafe SE

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Prosafe SE

http://www.prosafe.com

ISIN: CY0100470919

Stock Identifier: XOSL.PRS

US: PSFSF.PK