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2016-04-13

Correction of dates in previous stock exchange release: Key information relating to the cash dividend to be paid by Scatec Solar ASA

Oslo, April 13, 2016: Reference is made to the proposal for the annual general
meeting's resolution to distribute a dividend, included in the notice for the
annual general meeting to be held 4 May 2016 as disclosed in a separate
notification on 13 April 2016. The following key dates for the dividend are
proposed by the board of directors:

* Dividend amount: NOK 0.66 per share
* Declared currency: NOK
* Last day including right: 4 May 2016
* Ex-date: 6 May 2016
* Record date: 9 May 2016
* Payment date: 15 June 2016
* Date of approval: 4 May 2016

This information is published in accordance with the requirements of the
Continuing Obligations.

For further information, please contact:

- Mr. Raymond Carlsen, CEO, tel: +47 454 11 280,
E-mail:raymond.carlsen@scatecsolar.com

- Mr. Mikkel Tørud, CFO, tel: +47 976 99 144,
E-mail:mikkel.torud@scatecsolar.com

About Scatec Solar

Scatec Solar is an integrated independent solar power producer, delivering
affordable, rapidly deployable and sustainable source of clean energy
worldwide. A long term player, Scatec Solar develops, builds, owns, operates
and maintains solar power plants, and already has an installation track
record of close to 600 MW.

The company is producing electricity from 383 MW of solar power plants in the
Czech Republic, South Africa, Rwanda, Honduras and the United States.
Construction of an additional 43 MW solar power plants in Jordan is under
way.

With an established global presence, the company is growing briskly with a
project backlog and pipeline of close to 1.5 GW under development in the
Americas, Africa, Asia and the Middle East. 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
pagewww.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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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Scatec Solar ASA via Globenewswire

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