EAM Solar ASA : Disclosure of shareholdings

Reference is made to previous stock exchange announcements regarding the rights
issue (the "Rights Issue") by EAM Solar ASA (the "Company") of 1,250,000 new
shares with a nominal value of NOK 10 each (the "Offer Shares") at a
subscription price of NOK 24 per Offer Share, and the final result of allocation
of Offer Shares in the Rights Issue announced today.



The following allocations of shares have been made to the Company's primary
insiders in the Rights Issue:


Wiborg Kapitalforvaltning AB, a company controlled by Ragnhild Wiborg,
chairperson of the board of directors of EAM Solar ASA, has been allocated 765
Offer Shares. After this, Ragnhild Wiborg and her close associates hold a total
of 3,765 shares in EAM Solar ASA.


AS BRDR MICHAELSEN AVD I NORGE, a company controlled by Christian Hagemann, COO
of EAM Solar ASA, has been allocated 945 Offer Shares. After this, Christian
Hagemann and his close associates hold a total of 4,650 shares in EAM Solar ASA.

For further queries, please contact:
Viktor E. Jakobsen, CEO, phone +47 9161 1009, viktor@eam.no.


About EAM Solar: EAM Solar is a utility company that acquires and operates solar
power  plants. The Company currently owns solar PV power plants in Italy. The
plants are operating under long-term sales contracts.


This disclosure is made pursuant to section 4-2 of the Securities Trading Act.