EAM Solar

Capital/Financing Update • Nov 23, 2015

EAM Solar ASA : Notice of termination of the feed in tariff contract received for 12 power plants in the P31 portfolio

EAM Solar ASA : Notice of termination of the feed in tariff contract received for 12 power plants in the P31 portfolio

EAM: Notice of termination of the feed in tariff contract received for 12 power

plants in the P31 portfolio

23rd of November 2015

The company received late Friday night notice of termination of the feed in

tariff contract for twelve power plants from Gestore Servizi Energetici ("GSE").

The termination concerns three single purpose vehicles and twelve power plants

purchased under the P31 acquisition, all under Conto Energia II FIT contracts.

This termination is in addition to the tree power plants that were announced

terminated on the 29(th) of October. The termination decision may be appealed in

the Administrative court.

The company will revert with more information shortly.

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 of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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