Nekkar — Regulatory Filings 2017

May 18, 2017

TTS Group ASA: New contracts for heavy lift cranes

TTS Group ASA: New contracts for heavy lift cranes

TTS Group has signed new contracts for totally 18 heavy lift cranes. The cranes

are for multipurpose vessels under construction at a Chinese shipyard. The total

order value is approx. 240 MNOK.

The crane contract is signed through the 50/50 owned subsidiary TTS SCM Marine

and Offshore Machinery Co., Ltd. (TTS SCM), established by TTS Group and South

China Marine Machinery (SCM) in 2015.

Equipment deliveries will take place during 2018 - 2019.

Bergen, 18 May 2017

TTS Group ASA

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.