REC ASA - Reidar Langmo resigns from REC

Høvik, January 22, 2007
 
Renewable Energy Corporation ASA (REC) has today been notified by Reidar Langmo that he is leaving his position as Senior Vice President Business Development effective January 31, 2007.  Mr. Langmo has decided to leave REC in order to dedicate his full time and attention to the management of his private investments. Reidar Langmo will continue to work out of REC's headquarters at Høvik.  
 
Reidar Langmo was one of the founders of REC, and has been employed by the company since 1996. "Mr. Langmo has been instrumental in the development of REC, and I want to express my gratitude and deepest admiration for his strong efforts and invaluable contributions to REC's success so far.  I am pleased that we will still enjoy his company in our office environment at Høvik, and I wish him all the best with his future endeavors," says Erik Thorsen, President & CEO of REC ASA.
 
 
 
 
About REC
REC was established in 1996 and is uniquely positioned in the solar energy industry as the only company with a presence across the entire value chain. REC Silicon and REC Wafer are the world's largest producers of solar grade silicon and wafers for solar applications. REC Solar produces solar cells and solar modules. The company has customers all over the globe, seven production plants in three different countries, operates on three different continents and has approximately 1 300 employees. For further information on the company, please refer to www.recgroup.com.