Nekkar — Share Issue/Capital Change 2017

Apr 3, 2017

TTS Group ASA: New contracts for cruise vessels and bulk carriers

TTS Group ASA: New contracts for cruise vessels and bulk carriers

TTS Group ASA has secured new contracts for equipment to cruise vessels and bulk

carriers. Total order value is approx. MNOK 55.

The cruise contract is for access equipment to two cruise vessels under

construction at a European shipyard. The equipment deliveries will take place

during 2018 and 2019.

The bulk carrier contract is for seven ships built in China for various ship-

owners. The TTS equipment will be hatch covers and winches. Deliveries will take

place during 2017 and 2018.

Bergen, 3 April 2017

TTS Group ASA

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.