Nekkar — M&A Activity 2018

Feb 9, 2018

TTS Group ASA: Two new contracts for cargo cranes

TTS Group ASA: Two new contracts for cargo cranes

TTS Group ASA has secured two new contracts for 50-ton cargo cranes, of which

one crane is an advanced fourth generation active heave compensated crane. The

contracts were awarded by European shipyards on behalf of European ship-owners.

Total order value is MNOK 38.

The cranes will be delivered between September 2018 and April 2019.

Bergen, 9 February 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.