19.06.2006: Orkla has today on 19 June 2006 bought 5 million shares in Renewable Energy orporation ASA (REC) at a share price of NOK 81.67. 

 

After this transaction Orkla and subsidiaries owns 130,915,300 shares in REC, which represents 26.5 % of the shares.

 

The reason for this notification is that Ole Enger and Roar Engeland (both Executive Vice President in Orkla) are members of the Board in REC.

 

Ref.:

Siv Merethe Skorpen, AVP Investor Relations, Tel: +472254 4411

Ole Kristian Lunde, SVP Corporate Communications, Tel: +47 2254 4431