NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN OR SWITZERLAND, OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN

Sandvika, October 24, 2013: Reference is made to prior stock exchange announcements regarding the offering and listing on Oslo Børs of 40 million shares in REC Solar ASA at a subscription price of NOK 20 per share.

The share capital increase pertaining to the offering has today been registered with the Norwegian Register of Business Enterprises.  REC Solar ASA's share capital is NOK 40 million, divided into 40 million shares, each with a nominal value of NOK 1.00.

The REC Solar ASA shares will be tradable on Oslo Børs as of tomorrow, October 25, 2013, 09.00 hrs CET.

For further information, please contact:
Mikkel Tørud,
SVP Investor Relations & Business Development,
Phone: +47 976 99 144


Important notice: This announcement is not an offer for sale of securities in the United States or any other country in which such offer would be unlawful or would require a prospectus, registration or other measures. The securities referred to herein have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. REC does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia, Hong Kong, Japan or Switzerland, or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.


About REC Solar:
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 Oslo Børs, REC Solar employs around 1,500 people globally and manufactures solar panels at its integrated production plant in Singapore.

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

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