Renewable Energy Corporation ASA

Renewable Energy Corporation ASA (OSL:REC) As part of the employee share purchase program, primary insider Kristine Ryssdal (SVP & Chief Legal Officer) has purchased 505 shares. After this transaction Ms. Ryssdal and related parties hold 505 shares and 14,279 share options (strike price 178.59) in the company.

Renewable Energy Corporation ASA (OSL:REC) Sandvika, November 3, 2008; As part of the employee share purchase program, approved by the Annual General Meeting 19 May, 2008, Renewable Energy Corporation ASA has on November 3, 2008 purchased 294,200 shares at a price of NOK 69.36 per share which corresponds to the weighted average market share price on November 3, 2008.

Renewable Energy Corporation ASA (OSL:REC) Primary insider Gøran Bye (Executive Vice President, REC Silicon) has today through his wholly owned company SchoutByNacht AS purchased 4,400 shares in Renewable Energy Corporation ASA at an average price of NOK 48.61 per share. After this transaction Mr. Bye and related parties hold 34,800 shares and 22,558 share options (strike price 178.59) in the company.

Renewable Energy Corporation ASA (OSL:REC) Enclosed is REC's interim results presentation for the third quarter 2008. The presentation will be held at 08:00 CET today at the Oslo Konserthus (Oslo, Norway).

Renewable Energy Corporation ASA (OSL:REC) Oslo, October 21, 2008: Renewable Energy Corporation ASA (REC) reported revenue of NOK 1,919 million in the third quarter 2008, an increase of 30 percent from NOK 1,480 million in the third quarter 2007. Revenues for the first nine months of 2008 were NOK 5,811, representing an increase of 22 percent.

Renewable Energy Corporation ASA (OSL:REC) Sandvika, October 20, 2008. REC has entered into a long-term take-or-pay agreement for the supply of fine particulate silicon - or "silicon powder" - from the FBR-process. The contract has a value in excess of USD 500 million (~NOK 2.9 billion).

Renewable Energy Corporation ASA (OSL:REC) Morning program: REC will release its third quarter results for 2008 on Tuesday October 21, 2008 just after 07:00 AM CET.

Renewable Energy Corporation ASA (OSL:REC) Sandvika, September 24, 2008: REC has entered into a new long-term agreement for supply of multi-crystalline silicon wafers to Neo Solar Power. Under the agreement, REC will until 2015 deliver wafers worth more than USD 450 million (~NOK 2.6 billion).

Renewable Energy Corporation ASA (OSL:REC) Sandvika, September 24, 2008: REC has decided to change the scope of the new expansion project ("Plant IV") initially announced in April 2007. The decision was mainly driven by the favorable market conditions for silane gas and the internal need for silicon based on the final scope of the Singapore Phase I expansion. Additional silane volume will enable REC to potentially double the allocation to the merchant market by adding around 2,300 MT annually, while still securing all internal and external polysilicon commitments.

Renewable Energy Corporation ASA (OSL:REC) Sandvika, August 25, 2008: Renewable Energy Corporation ASA (REC) is pleased to announce Bécancour, Quebec as the site of choice for the next phase of silicon materials expansions. The site will be developed in stages and could potentially hold four production units similar in size of the factory currently under completion in Moses Lake, Washington, USA.