Elkem

Director's Dealing • Oct 24, 2018

Elkem ASA – Mandatory notification of trade – primary insider

Oslo, 24 October 2018

Odd-Geir Lyngstad, Head of Investor Relations in Elkem ASA (OSE ticker code: "ELK"), has on 24 October 2018 purchased 1,200 shares in Elkem ASA at a price of NOK 25.50 per share. Following this transaction Odd-Geir Lyngstad holds 8,200 shares and 150,000 options in Elkem ASA.

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

For further information, please contact:

Odd-Geir Lyngstad, Head of Investor Relations Tel: +47 976 72 806 Email: odd-geir.lyngstad@elkem.no

About Elkem

Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Headquartered in Oslo, the company's 27 production sites and extensive network of sales offices and agents around the world ensure proximity to customers and access to attractive end markets. Elkem's over 6,000 skilled employees and significant R&D activities provide a solid basis for further technology-driven growth and optimisation.