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2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA

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<strong>TTS</strong> Investment in Sigma Drilling<br />

Entering a new crane segment and increasing earn-out potential<br />

• 5 MUSD investment (approx. 28 MNOK) in Sigma<br />

Drilling AS in connection with entity partly owned<br />

by Sigma<br />

• <strong>TTS</strong> to deliver the offshore cranes to the vessel<br />

and Cameron International Corp. delivers the<br />

drilling equipment<br />

• With the sale of its drilling equipment unit earlier<br />

this year, <strong>TTS</strong> established an earn-out agreement<br />

with Cameron based on revenue of drilling<br />

equipment to early June 2015<br />

• Investment brings <strong>TTS</strong> into a new growing market<br />

segment<br />

• Increased earn-out potential of the sale of the<br />

drilling equipment unit<br />

Sigma Drilling AS

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