TTS Group ASA: Leiv Kallestad appointed new CFO of TTS

Mr. Leiv Kallestad is appointed Chief Financial Officer of the TTS Group ASA. He
joins the position as from August 2017.

Kallestad (55) is an experienced business executive. He is currently Vice
President Norway at Palfinger Marine. Previously he has held executive positions
with amongst others, Harding Safety, SR-Bank, Torp LNG and Kverneland Group
after almost 20 years with ExxonMobil and ConocoPhillips. He has a degree in
Business Administration from Norwegian School of Economics and Business
Administration.

Kallestad succeeds Mr. Henrik Solberg-Johansen, who resigns as Chief Financial
Officer of the TTS Group ASA effective as of the end of July 2017.

Solberg-Johansen has been with TTS since August 2013 and will now seek new
challenges outside the company. - We are very grateful for Solberg-Johansen's
efforts and service to TTS for the past four years and wish him all the best in
the future, says Toril Eidesvik, CEO of TTS Group ASA.



Bergen, 24 May 2017

TTS Group ASA
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.