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.
Siv Merethe Skorpen, AVP Investor Relations, Tel: +472254 4411
Ole Kristian Lunde, SVP Corporate Communications, Tel: +47 2254 4431