STATEMENT TO OSLO STOCK EXCHANGE
Through its subsidiary TTS Ships Equipment AB (TTS) in Gothenburg, TTS Marine ASA has landed two contracts worth a total of NOK 75m for the delivery of ships equipment in the period from the end of the year to the summer of 2005.
The contract with Mitsubishi in Japan concerns the delivery for two car carriers, while the contract with Daewoo in Korea concerns the completion of an option for two car carriers. Both deliveries include the construction and delivery of key components for RoRo systems, such as internal car decks and ramps, as well as a stern ramp for the loading and unloading of vehicles. TTS has previously delivered similar equipment for car carriers in the same series.
Contact persons:
Johannes D. Neteland President and CEO TTS Marine ASA
Olav Bruåsdal Director TTS Marine ASA
Ph.: +47 55 94 74 00 / Fax: +47 55 94 74 01
