TTS Group ASA: Results from the Bondholders' meeting

TTS Group ASA ("Company") hereby announces that today's Bondholders' meeting
with the requisite majority has approved the suggested changes (announced on
March 8(th) 2017) to the bond issue "12.00 per cent TTS Group ASA Convertible
Callable Unsecured Subordinated Bond Issue 2011/2016" with ISIN NO 0010593890.

As part of the suggested changes, the Company offered voluntary redemption of
10% of the total outstanding amount, and had by the end of the redemption
deadline received redemption claims for in total MNOK 2,000,000, which
constitutes 2.1 % of the outstanding amunt. This entails that the bond issue
will be adjusted down from NOK 95,345,000 to NOK 93,345,000.

The implementation of these changes depends on their acceptance in the
Extraordinary General Meeting for which the Company has convened on March
30(th) 2017.

All relevant documents for the Extraordinary General Meeting can be found at
http://www.ttsgroup.com/IR/generalmeeting/

Bergen, 22 March 2017

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.