Sandvika, May 25, 2009: REC Wafer has decided to temporarily take out 
approximately 35 percent of its production capacity due to a 
challenging market situation and low demand visibility. The temporary 
reduction will affect approximately 180 employees. REC Wafer 
continuously evaluates the market situation and will prepare for a 
fast start-up process when the market outlook becomes more 
predictable. 
 
"We have seen an increasingly difficult market so far this year and 
need to take measures to optimize our capacity utilization and secure 
flexibility in regards to timing of product deliveries. Although we 
temporarily take out a part of our capacity, we follow the market 
development closely and are making sure that we stay prepared to 
increase production on short notice," says Ingelise Arntsen, EVP 
Wafer. 
 
As the timing of a restart is yet undecided, REC Wafer is presently 
not prepared to indicate the expected effect of the temporary 
reduction in capacity utilization on the overall annual production of 
wafers in 2009. 
 
While it also is too early to quantify the financial consequences for 
REC Wafer, it should be noted that continued production at full 
capacity would have required external purchases of polysilicon at 
spot prices that are higher than the price levels in the long-term 
polysilicon supply contracts. As previously communicated, REC 
Silicon's polysilicon production is expected to increase when 
commercial production from the new Silicon III resumes in the third 
quarter 2009. 
 
 
For more information, please contact; 
Jon Andre Løkke, SVP & IRO; +47 907 44 949 
 
 
About REC 
REC is uniquely positioned as one of the most integrated companies in 
the solar energy industry. REC Silicon and REC Wafer are among 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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