REC: Issuance of a new convertible bond loan

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Sandvika, September 4, 2013: An Extraordinary General Meeting of the shareholders of Renewable Energy Corporation ASA (REC) was held today, September 4, 2013, at 10:00 CET.

The Extraordinary General Meeting approved the issuance of a new convertible bond loan maturing September 13, 2018. The minutes from the Extraordinary General Meeting recording the resolutions made are enclosed hereto. 1,023,765,223 shares were represented at the meeting, corresponding to approximately 44.25 percent of the share capital.

For further information, please contact:
Mikkel Tørud, SVP Investor Relations and Business Development, REC
Phone: +47 97 69 91 44
Email: mikkel.torud@recgroup.com

About REC
REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we offer sustainable, high-performing products, services and investment opportunities for the solar and electronics industries. Together with our partners, we create value by providing solutions that better meet the world's growing electricity needs. Our 2,300 employees worldwide generated revenues of more than NOK 7 billion in 2012, approximately EUR 1 billion or USD 1.3 billion.
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