Elkem ASA – Mandatory notification of trade – primary insider

Oslo, 25 October 2018 

Asbjørn Søvik, SVP Business Development in Elkem ASA (OSE ticker code: "ELK"), has on 25 October 2018 purchased 10,000 shares in Elkem ASA at a price of NOK 24.96 per share. Following this transaction Asbjørn Søvik holds 10,000 shares and 300,000 options in Elkem ASA.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Odd-Geir Lyngstad, Head of Investor Relations

Tel: +47 976 72 806

Email: odd-geir.lyngstad@elkem.no

About Elkem

Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Headquartered in Oslo, the company's 27 production sites and extensive network of sales offices and agents around the world ensure proximity to customers and access to attractive end markets. Elkem's over 6,000 skilled employees and significant R&D activities provide a solid basis for further technology-driven growth and optimisation.