REC ASA - Mandatory notification of trade

Primary insider Tore Torvund (Executive Vice President, REC Silicon)
has today purchased 4,000 shares in Renewable Energy Corporation ASA
at an average price of NOK 50.10 per share. After this transaction
Mr. Torvund and related parties holds 4,000 shares and no share
options in the company.

About REC

REC is uniquely positioned as one of the most integrated companies 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 2008 of NOK 8,191 million and an operating
profit of NOK 2,529 million. Please also see www.recgroup.com


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.