TTS Group ASA's subsidiary TTS Marine AB in Gothenburg has
entered into two contracts with Hyundai Mipo Dockyard co. Ltd., in South Korea, worth approximately 117,5 MNOK, in total.
The first contract concerns delivery of cargo access equipment to two RoRo vessels and the second contract concerns delivery of complete car decks to three car carriers under construction.
The equipment deliveries will take place during 2012-2013.
Bergen, December 9, 2011.
Contact 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
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.