Primary insider Helge Ystheim, President of Prosafe Production Sevices Pte.
Ltd., on 22 March bought 38,000 shares in Prosafe Production Public Ltd. at a
price of NOK 13.39605. After the transaction Mr. Ystheim holds 60,000 shares,
60,000 synthetic options with a strike of NOK 36.52 and 150,000 synthetic
options with a strike of NOK 12.09.



This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1396392]