Name of party notifying Þáttur eignarhaldsfélag ehf. Address of the party notifing Suðurlandsbraut 12, 108 Reykjavík Date of transaction 7.2.2007 Number of shares in transaction 1.312.216.190 Number of shares before the transaction 2.104.484.557 Number of shares after the transaction 792.268.367 Holdings of total nominal value before the transaction % 14,75% Holdings of total nominal value after the transaction % 5,55% Notification is based on Art. 33 (1) of the Act no. 33/2003 point(s) no. Additional information The shares are sold to Þáttur International ehf., a subsidiary of Þáttur eignarhaldsfélag ehf. Þáttur eignarhaldsfélag ehf. is a subsidiary of Milestone ehf. Milestone ehf. is owned by Ingunn Wernersdóttir, Karl Wernersson and Steingrímur Wernersson. The transaction does not have any influence on the voting rights of Milestone ehf. and financially related parties in Glitnir banki hf. Karl Wernersson is a Member of the board og directors in Glitnir banki hf., Milestone ehf. and Sjóvá Almennar tryggingar hf. The number of shares owned by Milestone ehf. and financially related parties after this transaction is unchanged, in total 2.960.497.843 shares.