Carbon dioxide equipment contract win

22 March 2018

TP Group plc

("TP Group" or the "Company" or the "Group")

Carbon dioxide equipment contract win

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a follow-on contract worth £0.8 million to supply additional carbon dioxide treatment equipment for fitment to a new-build submarine as part of an existing overseas programme.

This order is the second in a multi-unit programme for the latest design of TPG's carbon dioxide systems that are smaller, lighter and quieter than their predecessors. The equipment will be built across the TPG Engineering facilities and is expected to be delivered in 2018.

Phil Cartmell, Chief Executive Officer of TP Group commented:

"This contract reinforces our position as innovators in the management of carbon dioxide and is further evidence of our reputation with global prime contractors, and contributes to our continuing growth in overseas markets."

For further information, please contact:

Notes to Editors

TP Group designs and develops advanced technologies, engineers complex equipment and systems, and provides support throughout their operational life. The Company's shares have been traded on AIM since July 2001.