Nekkar - Remuneration Information 2015

TTS Group ASA: Change in pension scheme, effect on 2014 result

TTS Group ASA will present fourth quarter 2014 result on February 12th, 2015.

The company expects to report stronger 2014 results than current market

expectations.

TTS Group ASA, and its Norwegian subsidiaries have changed its pension plan from

defined pension benefit into a contribution based plan.

The new contribution plan, which has been negotiated and agreed in the Norwegian

companies, is effective from December 30(th) 2014. The contribution plan, is

based on a 7% / 25,1% contribution, including a 2% employee contribution. Annual

pension premium is not significantly changed, however the predictability of the

annual pension cost have improved significantly.

The change gives basis for a positive EBITDA effect of close to MNOK 101. Offset

by pension cost of MNOK 15, finance cost of MNOK 3, and OCI (Other Comprehensive

Income) effects of MNOK 31 the positive equity effect is calculated at MNOK 53.

A more comprehensive review of financial performance will be provided at the

presentation taking place February 12, 2015.

Bergen, 27th January 2015

TTS Group ASA

Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01

www.ttsgroup.com

Contact persons:

Björn Andersson

CEO

M: +47 911 33 671

Henrik Solberg-Johansen

CFO

M: +47 982 06 438

Miao Reinlund

VP, Communications

M: +47 900 65 883

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1889754]

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