Recorded increase in share capital 04.07.2011

Reference is made to stock exchange notice of 10th January 2011 regarding subordinated convertible bond of NOK 200 million. One of the bond holders has converted NOK 5 million into 538 566 shares, at a share price of 9.2839 per share.

The new share capital in TTS Group ASA of NOK 37 674 882.50 divided into 75 349 765 shares, has today been registered in the Norwegian Registry of Business Enterprises.

Bergen 4th July, 2011

Contact persons:

Johannes D. Neteland  
President & CEO
Tel +47 918 46 906

Arild Apelthun   
CFO 
Tel +47 918 19 265


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