Presentation of the first quarter 2011

Sandvika, April 15, 2011: Renewable Energy Corporation ASA (REC) will release its first quarter results for 2011 on Wednesday May 4, 2011 just after 07:00 AM CET. Morning program: On the release day, President and CEO Ole Enger of REC will give a presentation together with other members of the management team. The presentation will take place at 08:00 hrs Norwegian time/CET at the conference centre Høyres Hus, Stortingsgaten 20, 0161 Oslo (www.hoyreshus.no). The presentation, held in English, will be broadcasted live over the Internet, and can be accessed from:www.recgroup.com. It will also be possible to listen to the presentation through a conference call. Please make sure to dial in 10 minutes prior to scheduled start time on one of the following numbers: Conference code: 3934043 Norway Toll Free: 800 19 640 UK Toll Free: 0800 028 1243 USA Toll Free:  1888 935 4575 International Toll: +44 (0)20 7806 1953 Afternoon program: REC will further host an analyst conference call with possibilities for questions and answers later the same day at 15:00 CET. Please make sure to dial in at least 5 minutes ahead of time to finalize your registration: Norway free call: 800 80 119 International dial in: +47 2318 4501 Immediately after the call, a replay of the conference call will be made available. To access, please dial +47 2318 4502 and use the following procedure: 1. Type pincode 1524 followed by # (pound-sign) 2. Continue by typing reference number 524 followed by # (pound-sign) For more information, please contact: Mikkel Tørud, VP and Investor Relations Officer, Tel: +47 976 99 144 Peder Poulsson, Investor Relations analyst, Tel: +47 950 26 311 About REC REC is a leading vertically integrated player in the solar energy industry. REC is among the world's largest producers of polysilicon and wafers for solar applications, and a rapidly growing manufacturer of solar cells and modules. REC is also engaged in project development activities in selected PV segments. Founded in Norway, REC is an international solar company, employing more than 4,200 people worldwide. REC had revenues close to NOK 14 billion in 2010. Please visitwww.recgroup.com to learn more about REC. This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Renewable Energy Corporation ASA via Thomson Reuters ONE [HUG#1506960]
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