TTS Group ASA: More Chinese demand for TTS cranes

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| Source: TTS Group ASA

TTS Group ASA has secured two new contracts for crane deliveries in China, 10 shipsets of Hose Handling Cranes, and 4 shipsets of Cargo Cranes. The contracts are signed through the 50-50 owned company TTS Bohai Machinery in Dalian. Total order value is MNOK 58.

Deliveries will take place during 2018 - 2020.

Bergen, 13 November 2017

TTS Group ASA
http://www.ttsgroup.com

Contact persons:

Toril Eidesvik
CEO
M: +47 900 78 218

Leiv Kallestad
CFO
M: +47 958 95 661


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