REC Silicon

Business and Financial Review • Mar 5, 2019

REC Silicon - Continues to operate Moses Lake at 25% until further notice

REC Silicon - Continues to operate Moses Lake at 25% until further notice

Fornebu, Norway - March 5, 2019: With reference to the news release on February

12, 2019, following a decision by REC Silicon ASA's (REC Silicon) Board of

Directors, REC Silicon will continue to operate its FBR facility in Moses Lake,

Washington at approximately 25 percent of the facility's capacity until further

notice. The Board's decision is subject to gaining further clarity on whether

trade negotiations between the Governments of the United States and China are

likely to result in REC regaining access to the China market for solar grade

polysilicon and the overall outlook for the polysilicon market.

REC Silicon is grateful to and thanks the Government of the United States (USG),

specifically President Trump and U.S. Trade Representative Ambassador Lighthizer

and his team, for prioritizing the interests of high technology, innovative

manufacturers like the U.S. polysilicon industry and its highly skilled workers

in its on-going trade discussions with China. REC Silicon urges the USG to

continue to insist on an immediate termination of China's long-standing trade

embargo on U.S. polysilicon exports as soon as possible as a necessary element

of any agreement between the USG and China.

There is no change to previous guidance issued by REC Silicon.

For further information, please contact:

Francine Sullivan, Vice President Business Development

Phone: +1 509 750 1133

Email: Francine.sullivan@recsilicon.com

Nils O. Kjerstad

IR Contact

Phone: +47 9135 6659

Email: nils.kjerstad@crux.no

About REC Silicon

REC Silicon is a leading producer of advanced silicon materials, delivering

high-purity polysilicon and silicon gas to the solar and electronics industries

worldwide. We combine over 30 years of experience and proprietary technology

with the needs of our customers, with annual production capacity of more than

20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on

the Oslo Stock Exchange (ticker: REC), the Company is headquartered in Fornebu,

Norway.

For more information, go to: www.recsilicon.com

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.