Press Release

GTT receives an order from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd.

for the tank design of two new LNG Carriers

Paris - February 25th, 2020. GTT has received an order from the Chinese shipyard Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of two new LNG Carriers (LNGC1) on behalf of the Japanese ship-owner"K" LINE.

Each vessel will offer a capacity of 79,960 m3. GTT will design the tanks of the vessels, which will be fitted with the NO96 L03+membrane containment system, a technology developed by GTT. The delivery of the vessels is planned during the second quarter of 2022.

Philippe Berterottière, Chairman and CEO of GTT, declared: "We are pleased to receive this new order for mid-scaleLNG Carriers, from Hudong-Zhonghua,a long term partner of GTT, on behalf of the shipowner "K" LINE."

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, visit www.gtt.fr

Media contact:

press@gtt.fr/ +33 (0)1 30 23 42 26 - +33 (0)1 30 23 80 80

Investor Relations contact:

information-financiere@gtt.fr/+ 33 (0)1 30 23 20 87

1 Liquefied Natural Gas Carrier

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GTT – Gaztransport & Technigaz SA published this content on 25 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2020 21:02:03 UTC