Derivatives: NO ADJUSTMENT TODAY FOR THE PROPOSED RIGHTS

Renewable Energy Corporation ASA (REC) has announced today that the proposed rights issue will be postponed by approximately three weeks, with expected ex-date June 23rd. At the extraordinary general meeting today, it is proposed to raise new equity of 4.5 billion (previously announced: NOK 4 billion).

A new exchange notice will be published when more information regarding the subscription price and the exact ex-date and number of shares to be issued is available.

For further information, please see the attached document.

Derivatives: NO ADJUSTMENT TODAY FOR THE PROPOSED RIGHTS ISSUE IN RENEWABLE ENERGY CORPORATION ASA (REC) (15/09)

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