Nekkar - Capital/Financing Update 2017

TTS Group ASA: Results from the Bondholders' meeting

TTS Group ASA ("Company") hereby announces that today's Bondholders' meeting

with the requisite majority has approved the suggested changes (announced on

March 8(th) 2017) to the bond issue "12.00 per cent TTS Group ASA Convertible

Callable Unsecured Subordinated Bond Issue 2011/2016" with ISIN NO 0010593890.

As part of the suggested changes, the Company offered voluntary redemption of

10% of the total outstanding amount, and had by the end of the redemption

deadline received redemption claims for in total MNOK 2,000,000, which

constitutes 2.1 % of the outstanding amunt. This entails that the bond issue

will be adjusted down from NOK 95,345,000 to NOK 93,345,000.

The implementation of these changes depends on their acceptance in the

Extraordinary General Meeting for which the Company has convened on March

30(th) 2017.

All relevant documents for the Extraordinary General Meeting can be found at

http://www.ttsgroup.com/IR/generalmeeting/

Bergen, 22 March 2017

TTS Group ASA

Tel.: +47 55 94 74 00

http://www.ttsgroup.com

Contact persons:

Toril Eidesvik, CEO

M: +47 900 78 218

Henrik Solberg-Johansen, CFO

M: +47 982 06 438

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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