Fourth quarter 2007

HIGHLIGHTS

• Revenue growth of 42 percent
  • NOK ,874 million versus NOK 1,320 million in the fourth quarter 2006
• EBITDA growth of 25 percent
  • NOK 848 million versus NOK 676 million in the fourth quarter 2006
  • EBITDA margin of 45 percent in the fourth quarter
  • Expansion cost of NOK 55 million incurred in the quarter
• EBIT growth of 23 percent
  • NOK 677 million versus NOK 552 million in the fourth quarter 2006
• Non-cash change in accounting for derivatives affect net financial items
• Singapore chosen for new manufacturing complex
• Signed long-term wafer contracts worth approximately NOK 9.3 billion
• Cost overrun and delay on the polysilicon expansion project