GTT Gaztransport et Technigaz : notified by SHI for the tank design of two new LNG Carriers

Press Release

GTT notified by SHI for the tank design of two new LNG Carriers

Paris - September 24th, 2018. GTT has received a new order from the Korean shipyard Samsung Heavy Industries (SHI), concerning the tank design of two 174,000 m3 LNGCs, on behalf of a European ship owner.

The LNG tanks of both units will be fitted with theMark III Flex+ membrane containment system developed by GTT, offering a guaranteed boil-off rate of 0.07% of tank volume/day. The delivery of the vessels is planned during the second semester of 2020.

Philippe Berterottière, Chairman and CEO of GTT, declared: "We are proud of the confidence granted by SHI and the success encountered by our latest Mark III technology evolution."

About GTT

GTT (Gaztransport & Technigaz) is an engineering company expert in containment systems with cryogenic membranes used to transport and store liquefied gas, in particular LNG (Liquefied Natural Gas). For over 50 years, GTT has been maintaining reliable relationships with all stakeholders of the gas industry (shipyards, shipowners, gas companies, terminal operators, classification societies). The company designs and provides technologies which combine operational efficiency and safety, to equip LNG carriers, floating terminals, and multi-gas carriers. GTT also develops solutions dedicated to land storage and to the use of LNG as fuel for the vessel propulsion, as well as a full range of services.

GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in SBF 120 and MSCI Small Cap indices.

For more information, visitwww.gtt.fr

Media contact:[e-mail] / [phone] - [phone]

Investor Relations contact:[e-mail] / + 33 (0)1 30 23 20 87