THIN - Ex subscription rights

Thinfilm's shares shall be traded exclusive subscription rights from and including 8 May 2009.
 
The annual general meeting of Thin Film Electronics ASA ("Thinfilm") on 6 May 2009 resolved to conduct a share issue in the form of a rights issue of minimum 45,454,545 and maximum 109,685,545 shares. Shareholders at 7 May 2008 will be granted five subscription rights. The holders of the subscription rights will have the right to subscribe for one new share per subscription right at a subscription price of NOK 0.11 per share. The subscription rights are transferable.
 
The prospectus and subscription period will be announced separatly and sent to the shareholders when the prospectus has been approved.
 
For each new share a person subscribes for, the subscriber will be allotted one warrant. Each warrant gives the right to require issued one new share in Thinfilm at a subscription price of NOK 0.11. The warrant may be exercised only in the period 6-31 May 2010 and in a further and final exercise period between 1 September and 6 November 2010. The warrants expire on 6 November 2010.
 
8 May 2009
Thin Film Electronics ASA