Trade subject to notification REC

02.06.2006: On 2 June 2006 Orkla ASA bought 10 million shares in Renewable Energy Corporation ASA (REC) at a share price of NOK 89.50.

After this transaction Orkla and subsidiaries owns 125 915 300 shares in REC, which represents 25.48 % of the shares.
 
The reason for this notification is that Ole Enger (EVP in Orkla) and Roar Engeland (EVP in Orkla) are members of the Board in REC.