Minutes from Extraordinary General Meeting

Sandvika, March 9, 2011: An Extraordinary General Meeting of the shareholders of Renewable Energy Corporation ASA (REC) was held on March 9, 2011 at 15:00 (Oslo time) at REC's headquarters in Sandvika, Norway.

479,504,157 shares were represented, corresponding to 48.09 percent of the share capital.

All matters proposed in the notice of the meeting which was issued on February 16, 2011 were resolved as proposed.

The minutes from the Extraordinary General Meeting recording the resolutions made are enclosed hereto, and are also available on REC's website: www.recgroup.com.


For more information, please contact;

Mikkel Tørud, VP & Investor Relations Officer, +47 976 99 144


About REC

REC is a leading vertically integrated player in the solar energy industry. REC is among the world's largest producers of polysilicon and wafers for solar applications, and a rapidly growing manufacturer of solar cells and modules. REC is also engaged in project development activities in selected PV segments. Founded in Norway, REC is an international solar company, employing more than 4,200 people worldwide. REC had revenues close to NOK 14 billion in 2010.  Please visit www.recgroup.com to learn more about REC.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
Minutes from Extraordinary General Meeting
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Minutes from Extraordinary General Meeting