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 4 October 2010 that it had placed 23,314,000 shares in a private placement. After the exercise has been registered, Thinfilm's share capital will amount to 259,346,024 shares. ASAH AS was allocated 1,300,000 shares at a price of NOK 0.80 per share.

Following the transaction, ASAH AS holds 25,900,000 shares and 0 (nil) Warrants, corresponding to 9.99 per cent of the expanded share capital and votes of Thinfilm.

4 October 2010

Thin Film Electronics ASA

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