THIN - Disclosure of large shareholding - ASAH AS


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

Thinfilm announced on 1 June 2010 that 93,193,875 Warrants had been exercised in the exercise period 6-31 May 2010. After the exercise has been registered, Thinfilm's share capital will amount to 239,105,029 shares.

ASAH AS exercised 4,400,000 Warrants at a price of NOK 0.11 per share.

Following the transaction, ASAH AS holds 24,600,000 shares and 0 (nil) Warrants, corresponding to 10.3 per cent of the expanded share capital and votes of Thinfilm.

1 June 2010
Thin Film Electronics ASA


This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)