Notice of Annual General Meeting 2010

Sandvika, April 26, 2010: Notice is hereby given that the Annual General

Meeting of Renewable Energy Corporation ASA will be held in Oslo Konserthus

(Oslo Concert Hall), Munkedamsveien 14, 0250 Oslo, Norway, on Wednesday May

19, 2010 at 13:00 CET.

Please find attached notice of the General Meeting and attendance/proxy forms.

These documents will also be sent to all shareholders per post.

The notice of the General Meeting and all the ancillary documents are available

at www.recgroup.com/agm2010 and you may also

For further information, please contact;

Mikkel Tørud VP & Investor Relation Officer; +47 976 99 144

About REC

REC is a leading vertically integrated player in the solar energy industry. REC

is among the world's largest producers of polysilicon and wafers for solar

applications, and a rapidly growing manufacturer of solar cells and modules. REC

is also engaged in project development activities in selected PV segments.

Founded in Norway, REC is an international solar company, employing more than

3,000 people worldwide. REC had revenues in excess of NOK 9 billion in 2009.

Please visitwww.recgroup.com to learn more about REC.

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1407924]

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