PRESS RELEASE: REC ASA - Options Issued

Sandvika, August 13, 2009: According to the resolution adopted by the 
Annual General Meeting on May 19, 2009, options for executive 
management and key personnel have been issued today. The options have 
an exercise price of NOK 52.48 and a life of 6 years, and may be 
exercised in the last three years. 
 
The following primary insiders have received a total of 770 132 
options: 
 
 
+-----------------------------------------------------------------+ 
|       Name        | Options allocated | Total number of options | 
|                   |  August 13, 2009  |                         | 
|-------------------+-------------------+-------------------------| 
| John Andersen jr. |      103 617      |         123 740         | 
|-------------------+-------------------+-------------------------| 
| Bjørn Brenna      |      98 508       |         124 015         | 
|-------------------+-------------------+-------------------------| 
| Ingelise Arntsen  |      98 508       |         124 015         | 
|-------------------+-------------------+-------------------------| 
| Einar Kilde       |      92 903       |         116 967         | 
|-------------------+-------------------+-------------------------| 
| Tore Torvund      |      88 530       |         88 530          | 
|-------------------+-------------------+-------------------------| 
| Erik Sauar        |      88 291       |         105 436         | 
|-------------------+-------------------+-------------------------| 
| Kristine Ryssdal  |      78 978       |         99 432          | 
|-------------------+-------------------+-------------------------| 
| Svànaug Bergland  |      60 398       |         76 039          | 
|-------------------+-------------------+-------------------------| 
| Jon André Løkke   |      60 398       |         72 129          | 
+-----------------------------------------------------------------+ 
 
 
In addition, primary insider Ole Enger (President and CEO of REC) has 
been allocated a total of 138 962 options. The options have an 
exercise price of NOK 60.50 and a life of 6 years, and may be 
exercised in the last three years. After this transaction, Enger and 
related parties hold 138 962 options in REC. 
 
 
About REC 
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. REC Solar 
is a rapidly growing manufacturer of solar cells and modules, and are 
also engaging in project development activities in selected segments 
of the PV market. REC had revenues of NOK 8 191 million and an 
operating profit of NOK 2 529 million in 2008. Close to 3 000 
employees work in REC's worldwide organization. Please also see 
www.recgroup.com. 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 
http://www.recgroup.com 
Copyright © Hugin AS 2009. All rights reserved.