Elkem

Elkem ASA - Annual report 2017

Attached hereto is the annual report of Elkem ASA ("Elkem") for the financial

year ended 31 December 2017. The annual report will also be published on Elkem's

website: www.elkem.com (http://www.elkem.com/about-elkem/key-figures/)

The financial information presented in the annual report for 2017 does not

reflect the effects of the acquisitions of Jiangxi Bluestar Xinghuo Organic

Silicones Co. Ltd. and Bluestar Silicon Material Co. Ltd. as these transactions

were completed in 2018. For information about the effects of these transactions,

please refer to Elkem's IPO prospectus dated 9 March 2018 and the quarterly

report for Q1 2018 scheduled to be published on 8 May 2018.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

For further queries, please contact:

Morten Viga, CFO

Tel: +47 416 09 752

Odd-Geir Lyngstad, Head of Investor Relations

Tel: +47 976 72 806

About Elkem

Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based

advanced materials with operations throughout the entire 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 (including a plant under construction) 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 optimization. Helge Aasen has been the CEO since 2009.

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