REC Silicon - New share capital registered

Reference is made to the May 9 2019 announcement from REC Silicon ASA ("REC") of the minutes from the Annual General Meeting (the "AGM") of REC held on the same date.

The new share capital reflecting the issue of the 25,438,187 new A-shares approved at the AGM has now been registered in the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 2,569,256,972, consisting of 2,543,818,785 ordinary shares and 25,438,187 class A-shares, all of NOK 1 par value. Upon the completion of the share capital reduction approved at the AGM, expected in late June 2019, each class A share will be split into 10 ordinary shares.

For further information, please contact:
James A. May II, Chief Financial Officer
Phone: +1 509 989 1023

Nils O. Kjerstad IR Contact
Phone: +47 9135 6659

About REC Silicon
REC Silicon is a leading producer of advanced silicon materials, delivering high-purity polysilicon and silicon gas to the solar and electronics industries worldwide. We combine 30 years of experience and proprietary technology with the needs of our customers, with annual production capacity of more than 20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on the Oslo Stock Exchange (ticker: REC), the company is headquartered in Fornebu, Norway.

For more information, go to:

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.