REC ASA - Primary insiders transactions

Sandvika, August 14, 2009; primary insider Tore Torvund (Executive
Vice President, REC Silicon) has today purchased 4 300 shares in
Renewable Energy Corporation ASA at an average price of NOK 46,32 per
share. After this transaction Mr. Torvund and related parties holds 9
579 shares and 88 530 share options in the company.


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. Close to 3 000
employees work in REC's worldwide organization. Please also see
www.recgroup.com.


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