Nekkar — M&A Activity 2018

Jun 25, 2018

TTS Group ASA: 170 MNOK Syncrolift ® contract for Algeria

TTS Group ASA: 170 MNOK Syncrolift ® contract for Algeria

TTS Group ASA has secured a new contract for design and delivery of a 15.000 ton

Syncrolift® in Algeria. The total order value is approximately MNOK 170.

The contract has been signed with Portuguese civils contractor Texeira Duarte.

Deliveries are expected to take place in first quarter of 2020.

Bergen, 25 June 2018

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 of the Norwegian Securities Trading Act.