REC Silicon ASA : Notice of Treasury Bond Transaction

REC Silicon ASA- Notice of Treasury Bond Transaction

Fornebu, Norway - July 16, 2015:REC Silicon ASA (the "Company" or "REC") has sold or agreed to sell a nominal value of NOK 155,000,000 of REC03 held in treasury (ISIN: NO0010607476), representing 17% of the nominal amount issued, at a price of 91% of par. After the transaction, the Company holds NOK 457,500,000 of REC03 representing approximately 50% of the nominal amount issued. Furthermore, the Company has acquired or agreed to acquire a nominal value of NOK 55,000,000 of REC02 (ISIN: NO0010607484), representing approximately 8% of the nominal amount issued, at a price of 100% of par. After the transaction, the Company holds NOK 533,500,000 of REC02 representing approximately 75% of the nominal amount issued.

Arctic Securities AS and Swedbank Norge, branch of Swedbank AB (publ), acted as Managers in the transaction