EAM Solar

Legal Proceedings Report • Nov 25, 2015

EAM Solar ASA : Notice of termination of the feed in tariff contract received for 2 power plants in the P31 portfolio

EAM Solar ASA : Notice of termination of the feed in tariff contract received for 2 power plants in the P31 portfolio

25th of November 2015

The company received today notice of termination of the feed in tariff contract

for two power plants from Gestore Servizi Energetici ("GSE"). The termination

concerns two single purpose vehicles and two power plants purchased under the

P31 acquisition. This termination is in addition to the fifteen power plants

that were announced terminated on the 29(th) of October and 23(rd) of November

respectively. The termination decision may be appealed in the Administrative

court.

For further information, please contact:

Viktor E Jakobsen, Executive Director, phone +47 9161 1009, viktor@eam.no

Audun W. Iversen, CEO, phone +47 916 16 250, audun@eam.no

About EAM Solar: EAM Solar is a utility company that acquires and operates solar

power plants. The Company currently owns solar PV power plants in Italy. The

plants are operating under long-term sales contracts.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1969482]