SSO - Disclosure of large shareholding by Itochu Corporation

12 May 2016

Itochu Corporation has sold 9,768,657 shares in Scatec
Solar ASA ("Scatec Solar") in a transaction executed
by Carnegie after close of market yesterday. The
transaction represented approximately 10.4% of the
outstanding shares in Scatec Solar, and was priced at
NOK 34.70 per share.

Following the transaction, Itochu Corporation no
longer hold any shares or rights to shares in Scatec
Solar.

This notification is subject to disclosure pursuant to
the Norwegian Securities Trading Act section 4-3.