Rainwater Cassette Exchange is an extended-play by Atlanta-based indie rock band Deerhunter

Deerhunter

Deerhunter is an American four-piece indie rock group originating from Atlanta, Georgia. The band, consisting of Bradford Cox, Moses Archuleta, Josh Fauver, and Lockett Pundt, have described themselves as "ambient punk," though they incorporate a wide range of genres, including noise rock, art...

. Much like their previous effort

Microcastle

Microcastle is the third album by Deerhunter. After the album had been leaked on the internet, it became available on iTunes on August 19, 2008, while physical copies saw a release date of October 27, 2008. In the U.S. the album was released on Kranky and on 4AD in Europe...

, it was recorded at Rare Book Room Studios in Brooklyn

Brooklyn

Brooklyn is the most populous of New York City's five boroughs, with nearly 2.6 million residents, and the second-largest in area. Since 1896, Brooklyn has had the same boundaries as Kings County, which is now the most populous county in New York State and the second-most densely populated...

 with producer Nicolas Verhes. It became available for download on May 18, 2009, and June 8 for CD and Vinyl. The EP was distributed by Kranky Records

Kranky Records

Kranky is an independent record label, located in Chicago, Illinois. It was started in 1993 by Bruce Adams and Joel Leoschke.The bands it houses are noted for combining experimental and often electronic influences with elements of more traditional rock structures, and many of the artists on Kranky...

 in the US while 4AD

4AD

4AD is a British independent record label that was started in 1979 by Ivo Watts-Russell and Peter Kent, funded by Beggars Banquet Records, and is still active today...

handled overseas distribution. The title track became available for download on April 17.

Tracklist

1. "Rainwater Cassette Exchange" - 2:23
2. "Disappearing Ink" - 2:22
3. "Famous Last Words" - 2:15
4. "Game of Diamonds" - 3:14
5. "Circulation" - 5:04