The Q1 2006 result will be published on 27 April 2006


The presentation can also be followed via web streaming at http://www.prosafe.com. It will be possible to ask questions after the presentation. If you wish to ask questions through the internet, you can do so by sending an e-mail (further details in the web cast console). The connection to the web streaming can be tested from 24 April 2006. You will find a link to the web cast on the main page of Prosafe's web site.
 
There will be an English conference call on 27 April 2006 at 15:00 CET. A brief presentation of the results will be given before the Q&A session commences. Investors and analysts who wish to participate should call +47 23 00 04 00. Norwegian based investors and analysts should dial 800 80 119.
 
A digital replay will be available shortly after the conclusion of the conference call. To access the replay, please dial +47 67 89 40 91, account no: 1332, followed by # (pound-sign), press 1, conference no: 332 followed by # (pound-sign), press 1 to play.
 
Prosafe is the world's leading owner and operator of semi-submersible service rigs and a major owner and operator of floating production and storage vessels outside the North Sea. Operating profit reached USD 103.6 million in 2005. The company operates globally and employs approx. 700 people. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com.