THIN - Shares as board remuneration

The annual general meeting of Thin Film Electronics ASA ("Thinfilm") resolved on
10 May 2012 that Board members may elect to receive all or part of their board
remuneration in the form of shares in Thinfilm; that the number of shares shall
correspond to a value of 127 per cent of the NOK amount granted as board
remuneration; that the board member must pay a subscription price per share
equal to the par value of the share, NOK 0.11; and that the shares cannot be
sold before the earlier of the date of the Annual General Meeting of Thinfilm in
2013, or 30 June 2013.

Board members Rita Glenne and William R. Salaneck each elected to receive NOK
36,567 in cash and NOK 53,433 in shares. As a result, Thinfilm will issue
39,000 shares to each of these two board members.

Consequently, the total number of new shares to be issued is 78,000 shares. The
share capital will increase by a total of NOK 8,580. The shares will be issued
when the share capital has been paid in.

11 May 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#1611216]