REC ASA - Production has started at Silicon III

Sandvika, March 30, 2009: REC Silicon's new polysilicon plant in
Moses Lake, Washington (Silicon III) based on fluidized bed
technology ("FBR") started production early last week, as announced
early February 2009.

The main portion of the Silicon III production is expected to be
ramped-up during the second quarter of 2009, but also going into the
third quarter. Based on planned ramp-up, total polysilicon production
estimates for the full year 2009 remain unchanged at 10 - 11 000 MT.


"We are satisfied to have reached this important milestone and to see
that production is ramping up as expected in its initial stage.
However, this is a large and complex chemical plant which implements
innovative new technologies, and we should therefore expect to see
some interruptions during the ramp-up phase", says Erik Thorsen,
President & CEO.


For more information, please contact;
Erik Thorsen, President & CEO; [phone]
Jon Andre Løkke, SVP & IRO; [phone]


About REC
REC is uniquely positioned as one of the most integrated companies in
the solar energy industry. REC Silicon and REC Wafer are the  world's
largest producers of polysilicon  and wafers for solar  applications.
REC Solar  produces  solar cells  and  solar modules  and  engage  in
project development activities in selected segments of the PV market.
REC Group had revenues in 2008 of NOK 8,191 million and an  operating
profit of NOK 2,529 million. Please also see www.recgroup.com


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