TTS Group ASA: 3.500 ton shiplift order to Kuwait Oil Company

29 juni 2016

TTS Group ASA has secured a new contract for delivering a 3.500 ton shiplift to Kuwait Oil Company with an order value of approx. MNOK 68.

The contract is with Turkish STFA, for their Kuwait Harbour project.

TTS's delivery includes design and key-component package. Completion will be completed in second half of 2017.

Bergen, 29 ^th June 2016

TTS Group ASA

Tel.: + 47 55 94 74 00
www.ttsgroup.com

Contacts:

Toril Eidesvik
CEO
M: +47 900 78 218

Henrik Solberg-Johansen
CFO
M: +47 982 06 438

Miao Reinlund
SVP Corporate Communications
M: +47 900 65 883

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

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

HUG#2024004

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