REC ASA - Løkke joins REC Wafer as SVP Mono an...

Jon Andrè Løkke (39) will take on the position as Senior Vice
President in REC Wafer, with responsibility for the business
development and the company's expanding operations within
monocrystalline wafers. Løkke will also take on the responsibilities
as deputy to EVP Einar Kilde in REC Wafer.

REC's focus on monocrystalline wafer technologies increases
significantly with the ongoing construction of a 300 MW mono plant in
Glomfjord, which is expected to be finalized in the first quarter of
2010. Løkke will take full responsibility for the mono area, and be
project owner and head of the steering committee for the ongoing
expansion project. The main near-term focus will be to secure a
successful ramp-up of the new plant throughout 2010.

Løkke will also be responsible for the development and running of a
new separate Business Development function in REC Wafer.

Jon Andrè Løkke comes from the position as SVP and Investor Relations
Officer in REC ASA, a position he has held since 2006. Løkke has been
with REC since 2003. REC has initiated a search to find a
replacement, and Løkke will assist in a transition period until a new
permanent IRO has been hired.


For further information, please contact:
CFO Bjørn Brenna, tel: [phone]


About REC
REC is the leading vertically integrated player in the solar energy
industry. REC Silicon and REC Wafer are among the world's largest
producers of polysilicon and wafers for solar applications. REC Solar
is a rapidly growing manufacturer of solar cells and modules, and are
also engaging in project development activities in selected segments
of the PV market. REC had revenues of NOK 8 191 million and an
operating profit of NOK 2 529 million in 2008. More than 3 000
employees work in REC's worldwide organization. Please also see
www.recgroup.com.


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