Scatec ASA

Board/Management Information • Mar 25, 2015

Scatec Solar ASA - Akihiko Nakazono resigns from the board of Directors

Scatec Solar ASA - Akihiko Nakazono resigns from the board of Directors

Oslo, March 25, 2015: Scatec Solar ASA ('SSO') has been notified that Mr.

Akihiko Nakazono has accepted a new position with ITOCHU Corporation and will no

longer be involved in the follow up of ITOCHU Corporation's investment in SSO.

As a result, Mr. Nakazono will resign from the board of directors effective as

of May 7 2015, being the contemplated date for the annual general meeting of

SSO.

A new board member to replace Mr. Nakazono is expected to be elected at the

upcoming annual general meeting. ITOCHU Corporation has informed SSO of its

intention to nominate Mr. Yuji Tachikawa as a new board member, and that further

information on his candidacy will be provided in the notice of the annual

general meeting.

Shareholders who wish to nominate members to the board of directors of SSO may

contact the chairman of the board.

For the avoidance of doubt, except for the election of a board member to replace

Mr. Nakazono, no additional board members will be elected at the upcoming annual

general meeting.

For further information, please contact:

Mr. John Andersen, Jr., Chairman of the board, tel: +47 90 17 40 80, email:

john.andersen@scatec.no

About Scatec Solar

Scatec Solar is an integrated independent power producer, aiming to make solar a

sustainable and affordable source of energy worldwide. Scatec Solar develops,

builds, owns and operates solar power plants and delivers power from 220 MW in

the Czech Republic, South Africa and Rwanda. The company is in strong growth and

has 207 MW under construction in the US, Honduras and Jordan as well as a solid

pipeline of projects under development in Africa, Middle East, Americas and

Asia. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock

Exchange under the ticker symbol 'SSO'

For  more   information   on   Scatec   Solar,   please visit our home page

www.scatecsolar.com

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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