Nekkar — Earnings Release 2019

Jan 2, 2019

TTS Group ASA: Chinese shipyard signs new contract worth MNOK 102

TTS Group ASA: Chinese shipyard signs new contract worth MNOK 102

TTS Group ASA has been awarded a new contract with Cosco (Dalian) Shipyard Co.,

Ltd in China. Total order value is approximately MNOK 102.

The contract regards five shipsets of cargo cranes and hatch covers. The

equipment is for use on multi-purpose vessels.

Deliveries are expected to take place by the end of 2019.

Bergen, 2 January 2019

TTS Group ASA

http://www.ttsgroup.com

Contact persons:

Toril Eidesvik

CEO

M: +47 900 78 218

Leiv Kallestad

CFO

M: +47 958 95 661

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act