TTS Group ASA: Financial statement Q3 2016

Please find attached financial statement for TTS Group ASA Q3 2016. Highlights are:

Strong 3^rd quarter order intake, increased 23% from last quarter and 30% from 3^rd quarter 2015
3^rd quarter turnover reduced 8% from 2015, particularly due to reduced activity in the offshore sector
Continued improvement in underlying operations, with an EBITDA year to date of MNOK 100, compared to MNOK 42 in the same period 2015
Good visibility for 2016 turnover

Bergen, 15 November 2016

TTS Group ASA

Tel.: +47 55 94 74 00

http://www.ttsgroup.com

Contact persons:
Toril Eidesvik
CEO
M: +47 900 78 218

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

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