Mandatory Notification Of Trade

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.

After this transaction, Prosafe SE holds a total of 1,059,160 own shares.

Larnaca, 17 July 2008 Prosafe SE

Prosafe SE

http://www.prosafe.com

ISIN: CY0100470919

Stock Identifier: XOSL.PRS

US: PSFSF.PK