Scatec ASA

Correction: Scatec Solar ASA - Employee Share Purchase Programme 2019

Reason for correction: Primary insiders' subsctiptions and number of shares held

by primary insiders updated in attachment.

14 March 2019: As announced on 1 March 2019, Scatec Solar offered participants

the opportunity to purchase shares with a subscription value of between NOK

15,000 and NOK 76,250.

The subscription period was from 7 March to 13 March 2019. The shares will be

allocated to employees on or about 25 March 2019. Please see attachment for an

overview of the primary insiders whom have subscribed for shares in Scatec Solar

ASA as per end of the subscription period.

The purchase price and the number of shares acquired by the primary insiders, as

well as their updated shareholdings, will be notified the Oslo Stock Exchange

following the determination of price per share and allocation of shares.

For further information, please contact:

Ingrid Aarsnes, VP Communication & IR

Tel: +47 950 38 364, [email protected]

(https://www.globenewswire.com/Tracker?data=JF6w_hoNPp50MEPZXOvXII3zXAE6_mFxC9o1

hiunJNQdp_ZKI3__4UhfFMfmoJic91uwbM1FEXUaIaimU3Qm4HzIASBZoIe7sODKhk58A-

olc9N9H3eDZZsu9c3E5Pqb)

About Scatec Solar

Scatec Solar is an integrated independent solar power producer, delivering

affordable, rapidly deployable and sustainable clean energy worldwide. A long-

term player, Scatec Solar develops, builds, owns, operates and maintains solar

power plants and has an installation track record of more than 1 GW. The company

has a total of 1.7 GW in operation and under construction in Argentina, Brazil,

the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South

Africa and Ukraine.

With an established global presence and a significant project pipeline, the

company is targeting a capacity of 3.5 GW in operation and under construction by

end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the

Oslo Stock Exchange under the ticker symbol 'SSO'. To learn more, visit

www.scatecsolar.com.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

Attachment

* Subscription by primary insiders (https://ml-

eu.globenewswire.com/Resource/Download/168a5bbe-590f-494e-9a5d-82dfd8e999ee)

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