Private Placement

Further to the announcement made by Thin Film Electronics ASA (“Thinfilm”) on 25 June 2007, Thinfilm is pleased to announce that the Company has completed a private placement of 3,200,000 ordinary shares (class A shares) at NOK 8.00 per share to raise a total of NOK 25,600,000. The additional funds will be used for operations and business development.

Press release in pdf here.