Nekkar - Capital/Financing Update 2014

TTS Group ASA: New contracts for multipurpose cranes to China

TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany,

signed new contracts for delivery of multipurpose cranes to China. The contract

value is MNOK100.

The contract is signed with Huanghai Shipbuilding Co. Ltd. (China) for delivery

of heavy lift cranes to 5 eco-efficient multi-purpose vessels. Four vessels

will be equipped with 2 x 250 tons + 1 x 80 tons SWL (Safe Working Load) cranes.

And one vessel will be equipped with 2 x 250 tons cranes.

With the new orders, TTS NMF has obtained a total of 18 x 250 tons cranes, and

4 x 80 tons SWL cranes within one month.

The respective crane deliveries will take place throughout 2014 and 2015. The

order is a 100% repeat of earlier successful deliveries to same shipyard.

Bergen, 9(th) July 2014

TTS Group ASA

Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01

http://www.ttsgroup.com

Contact persons:

Björn Andersson

CEO

M: +47 911 33 671

Henrik Solberg-Johansen

CFO

M: +47 982 06 438

Miao Reinlund

VP, Communications

M: +47 900 65 883

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1819830]

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