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Distributed: Nov 5, 2008

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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.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Renewable Energy Corporation ASA

http://www.recgroup.com

ISIN: NO0010112675

Stock Identifier: XOSL.REC



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