TTS Marine ASA (TTS) refers to statement to Oslo Stock Exchange 28.08.06 regarding ”Heads of Agreement” between TTS and Umoe Industri as to acquisition of Umoe Schat-Harding.
As a consequence of the consecutive development in the TTS’ share holder structure, TTS has been informed by Umoe Industri that the acquisition of Umoe Schat-Harding will not be executed.
Bergen, 30 August 2006
Contact persons:
President & CEO Johannes D. Neteland
Phone: +47 55 94 74 02 Mobile: +47 918 46 906
E-post: johannes.neteland@tts-marine.no
Executive Vice-President Jarle Roth, Umoe Group
Mobile: +47 917 92 985
E-post: jarle.roth@umoe.no