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2014-05-27

TTS Group ASA: New contract for cargo cranes to China

TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany,
signed a contract for delivery of cargo cranes to China. The contract value
is MNOK 56.

The contract is signed by Jiangsu Yichun Wujiazui Shipbuilding Industry Co.
Ltd. in Nanjing, China and concerns four cranes per ship set to six 48,500
tdw general cargo carriers.

The deliveries will take place within March 2015 and June 2016.

Bergen, 27thMay 2014

TTS Group ASA

Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01
http://www.ttsgroup.com

Contact persons:

Björn Andersson
CEO
M: +47 911 33 671

Arild Apelthun
CFO
M: +47 918 19 265

Miao Reinlund
VP, Communications
M: +47 900 65 883

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TTS Group ASA via Globenewswire

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