Sandvika, July 9, 2009: With reference to the ongoing rights issue announced on May 19, 2009, the following primary insider transaction has been undertaken:
Primary insider Nora Berg (Executive Assistant) has sold her 149 subscription rights at a price of NOK 18.36 per subscription right. After this transaction, Ms. Berg and related parties hold 433 shares in the company.
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, and REC Solar is a rapidly growing manufacturer of solar cells and modules. REC Group had revenues of NOK 8,191 million and an operating profit of NOK 2,529 million in 2008. About 2,500 employees work in REC's worldwide organization. Please also see www.recgroup.com
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