Minutes from REC's Annual General Meeting

Sandvika, May 22, 2012: The Annual General Meeting of the shareholders of Renewable Energy Corporation ASA (REC) was held today, May 22, 2012, at 13:00 (Oslo time).

The minutes from the Annual General Meeting recording the resolutions made are enclosed hereto, and are also available on REC's website at www.recgroup.com/agm2012. 512,128,621 shares were represented, corresponding to 51.4 percent of the share capital.
Further to the notice for the Annual General Meeting issued on April 30, 2012, the Annual General Meeting approved, as follows from the minutes, all resolutions as proposed by the Board.
For more information, please contact;
Mikkel T�rud, VP & IRO; +47 976 99 144
About REC

REC is a leading vertically integrated solar energy company. REC produces polysilicon, wafers, cells and modules for the solar industry, and silicon materials for the electronics industry. REC also engages in project development in selected PV segments. Founded in Norway in 1996, REC employs around 3,200 people globally with revenues of more than NOK 13 billion in 2011. 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 Annual General Meeting
Minutes from Annual General Meeting