THIN - Disclosure of large shareholding

Linköping, (PresseBox) - Thin Film Electronics ASA ("Thinfilm") issues this notice on behalf of shareholder ASAH AS, a company controlled by John Markus Lervik.

Reference is made to the company's announcement on 17 October 2011 regarding Warrants exercise, where Thinfilm announced that 23,254,000 Warrants A and 190,000 Warrants B had been exercised in the exercise period 3 to 14 October 2011. After the exercise has been registered, Thinfilm's share capital will amount to 304,544,086 shares.

ASAH AS exercised 1,300,000 Warrants A at a subscription price of NOK 0.90 per share.

Following the transaction, ASAH AS holds 27,200,000 shares and 1,300,000 Warrants B, corresponding to 9.36 per cent of the expanded share capital and votes of Thinfilm.

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