REC ASA - Annual Report 2007

Oslo, May 2, 2008: Renewable Energy Corporation (REC) has today published its annual report for 2007. Enclosed you will find a .pdf version of this report.   The annual report is also available on the REC Group`s website at www.recgroup.com.     A printed copy of the annual report has been distributed by mail to all shareholders. To receive a printed copy of the report, please contact:   Bjørn R. Berntsen Shareholder Services Phone: +47 977 35 514 Email: irpost@recgroup.com     For further information, please contact; Jon Andre Løkke, SVP & Investor Relation Officer; +47 907 44 949   About REC REC is uniquely positioned as one of the most integrated company in the solar energy industry. REC Silicon and REC Wafer are the world's largest producers of polysilicon and wafers for solar applications. REC Solar produces solar cells and solar modules and engage in project development activities in selected segments of the PV market. REC Group had revenues in 2007 of NOK 6,642 million and an operating profit of NOK 2,588 million. Please also see www.recgroup.com
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