FL GROUP - Related party trading


Name of related party trading the shares	Smáey ehf.
Name of primary insider	Magnús Kristinsson
Relations with the issuer	Alternative Board member
Date of transaction	13.2.2007
Buy or Sell	Kaup / Buy
Type of instrument	Hlutabréf / Equities
Number of shares	13.142.842
Price	ISK 30,37
Primary insider's holdings after the transaction	0
Primary insider's option holdings after the transaction	0
Related parties holdings after the transaction	1.390.852.139
Date of settlement	 

Comments	
Magnus Kristinsson is the sole shareholder and sole board member of Smaey ehf. Related parties are on one hand Gnupur Fjarfestingafelag hf., which holds 1,368,432,732 shares in FL Group hf. and Magnus holds 46.5% in Gnupur Fjarfestingafelag hf. and is a Board Member in that company, and on the other hand shares held by companies fully owned by Magnus, that together hold 22.419.407 shares in FL Group hf..