Then I went on the Internet smart: According to many statements certified, it is in these replicas of a gamble, whether they work or not. An acquaintance of mine has exactly the same camera (E-520) and also this remote, and with him it works perfectly.
Point 2: Functions:
Although this replica the same key as the original RM-1 Olympus, only works the release button here.
One can not in playback mode scroll or zoom, and - much greater disadvantage - you can open the lock on button NOT in BULB shooting mode / close - especially this feature would be very useful for long exposures.
Conclusion: Here you save clearly in the wrong place.