Nekkar — Share Issue/Capital Change 2010

Jun 7, 2010

STATEMENT TO OSLO STOCK EXCHANGE

TTS Group ASA

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.

Distribution of the options:

Name	Company	Position	Options
Johannes D. Neteland	TTS Group ASA	CEO	120 000
Arild Apelthun	TTS Group ASA	CFO	60 000
Ivar K. Hanson	TTS Marine AS	Div. dir	60 000
Lennart Svensson	TTS Port Equipment AB	Div. dir	60 000
Inge Gabrielsen	TTS Sense AS	Div. dir	60 000
		Sum	360 000

Distribution of options and shares after issue of new options:

Name	Options	Shares
Johannes D. Neteland	240.000	185.000
Mette Henriksen	60.000	0
Ivar K. Hanson	120.000	20.000
Lennart Svensson	120.000	200
Arild Apelthun	60.000	0
Inge Gabrielsen	60.000	450

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