Singapore, November 4, 2013: The Board of REC Solar ASA has today, upon request from Tycoon Industrier AS, Gross Management AS and Ferncliff TIH 1 AS, all companies controlled by Øystein Stray Spetalen and together representing 10.72 percent of the shares in REC Solar ASA, resolved to call for an extraordinary general meeting to elect new members to the board of REC Solar ASA. The extraordinary general meeting is expected to be held on or about November 29, 2013.

The Board shall, in accordance with the Norwegian Public Limited Companies Act section 5-7 call for an extraordinary general meeting upon request from a shareholder representing at least 5 percent of the share capital.

Notice with further details will be announced and distributed according to standard procedures.

For more information, please contact:
Martin Cooper
SVP Finance, REC Solar ASA
Telephone: +65 8518 2537
Email: martin.cooper@recgroup.com

About REC Solar ASA:
REC Solar is a leading global provider of solar energy solutions. With more than 15 years of experience, we offer high-quality solar products, project development services and investment opportunities worldwide. Together with our partners, we create long-term value by providing responsible solutions that help meet the world's growing energy needs. Listed on the Oslo Stock Exchange (ticker: RECSOL), REC Solar employs around 1,500 people globally and manufactures solar panels at its integrated production plant in Singapore. Find out more about REC Solar at www.recgroup.com.

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