Prosafe has been awarded a Letter of Intent by Interpetroleum
Services Limited for a bareboat contract of the semi-submersible
accommodation rig Safe Bristolia at the Cantarell field for Pemex in
Mexico.


The firm duration of the bareboat contract commencing mid-February
2009 is 365 days, and the total value is about USD 29.3 million.
Mobilisation and demobilisation costs to and from the North Sea are
for charterer's account.

Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 222.2
million in 2007. The company operates globally, employs approx. 430
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, 12 January 2009
Prosafe SE


For further information please contact:

Arne Austreid, President and CEO
Phone no: +357 2462 241746 / +357 992 75 030

Robin Laird, President Offshore Support Services
Phone no: +65 6559 1980 / +65 8127 2101


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