THIN - Share issue to employees

The board of directors ofThin Film Electronics ASA ("Thinfilm") resolved on 28
February 2012 to issue 275,000 shares to existing and former employees, in
accordance with the Company's 2009/2010 Subscription Rights Plan, corresponding
to share capital increase of NOK 30,250 (each share issued having a par value
of  NOK 0.11).

Following this transaction, the Company's share capital will be NOK
33,530,099.46. The subscription price per share is NOK 1.09 (50,000 shares) and
NOK 0.80 (225,000 shares). The total subscription price therefore is NOK
234,500, of which NOK 30,250 is added to the Company's share capital while NOK
204,250 is added to the Company's funds in accordance with the provisions of the
Public Limited Companies Act.

28 February 2012
Thin Film Electronics ASA

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


[HUG#1589814]