REC ASA - Jon André Løkke appointed Investor Relations Officer

Effective 24 April 2006, Jon André Løkke (35) has been appointed SVP & Investor Relations Officer (IRO) in Renewable Energy Corporation ASA (REC).
The IRO reports to EVP & CFO Bjørn Brenna. 
Mr. Løkke holds a BSc in Business Economics and Economics from Southampton University and an International MBA from Glasgow University.  He has been employed by REC as SVP & CFO since 1 January 2003.
Due to the fact that REC recently applied for a listing at Oslo Stock Exchange, the company considers having a dedicated IR-function to be of great importance.  Therefore, Jon André Løkke will be member of REC Group Management.   
Høvik, 24 April 2006
Bjørn Brenna