TTS - Agreement regarding shares issue

Reference is made to the release sent 5 July 2010 and

today regarding RS Platou Markets AS' order to

purchase up to 10% of the shares in TTS Group ASA.

TTS Group has entered into an agreement with Scana

Industrier ASA to issue 6,722,920 shares in TTS Group

ASA at a price of NOK 6.30 per share, constituting

9.9% of the share capital in the company through a

private placement of shares.

RS Platou Markets AS acted as sole advisor in the

transaction.

As a consequence of the purchase, Scana Industrier

ASA will own 9.9% of the share capital in TTS Group.

The issuance of shares to Scana Industrier ASA will

be made by by the board pursuant to authorization

granted by the company's general meeting held on 3

June 2010 and is expected to be completed within the

end of this week.

Bergen 06.07.10

Contact:

Johannes D. Neteland, President & CEO TTS Group ASA,

Tel.+47 918 46 906

Christian Rugland, CFO Scana Industrier ASA,

Tel.+47 952 952 55

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