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Press Release

Contract to Energy divisions company in Bergen, Norway

Through its subsidiary TTS Energy AS, TTS Group ASA's Energy division has signed a contract worth approximately NOK 20 million.

The contract is with a client in the Middle East, and concerns delivery of an active heave compensated offshore crane for a cable laying vessel.

The delivery will take place in August/September 2012.

Bergen, 7 July 2011

ontact 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


2011-07-07

Please see TTS Group ASA company electronic office

For further information, please contact
Bjorn Andersson,
CEO & President,
TTS Group ASA,
Phone (+47) 911 33 671

Henrik Solberg-Johansen,
CFO TTS Group ASA,
phone (+47) 982 06 438

Miao Reinlund,
Vice President Corporate
TTS Group ASA,
phone (+ 47) 900 65 883

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