TTS - Options for leading employees

In accordance with the General Meeting's resolution

of 3 June 2010, the Board of TTS Group ASA has

authorisation to issue a maximum of 420,000 shares to

leading employees in the TTS Group.

The Board has decided to issue 360,000 purchase

options, 120,000 of which will be allotted to

President & CEO Johannes D. Neteland, while 60,000

options will be allotted to each of four executives.

The exercise price for the options is the closing

price on 4 June 2010 of NOK 5.91 per share. The

options are valid until 3 June 2012, and the first

possible exercise of the options is after the

publication of the 2nd quarter results in 2011, for a

maximum of 50% of the allotted options. Thereafter an

additional 12.5% of the options may be exercised

after publication of the results for the 3rd and 4th

quarters, respectively, in 2011, and for the 1st and

2nd quarter 2012, in addition to options that have

not been exercised earlier.

Please find enclosed the full version of the

statement.

Bergen 7 June 2010

Contact persons:

Johannes D. Neteland

President & CEO

Tel: +47 918 46 906

Arild Apelthun

CFO

Tel: +47 918 19 265

TTS Group ASA Tel.: +47 55 94 74 00 /

Fax: +47 55 94 74 01

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