Bakkavör Group product recall in the UK


REYKJAVIK, 16 February 2007. A number of batches of houmous manufactured by Bakkavör Group in the UK have been recalled. During routine testing, salmonella was discovered in two varieties of houmous manufactured in one of the Group's factories. The cause is related to a raw material. This incident will have no material effect on Bakkavör Group's earnings.

Contact:

Ásdís Pétursdóttir
Investor Relations, Bakkavör Group
Tel: +354 550-9715
Mobile: +354 858-9715


Bakkavör Group is a leading international food manufacturing company specialising in fresh prepared foods and produce. The Group operates 46 factories and employs over 16,000 people in seven countries. The Group's Head Office is in Reykjavík, Iceland, and the business is listed on the OMX Nordic Exchange in Iceland, formerly Iceland Stock Exchange which was acquired by the OMX Nordic Exchange in October 2006, (www.icex.is Ticker: BAKK). Bakkavör Group was founded in 1986 and during its 20-year history the business has grown significantly and today Bakkavör Group is the largest provider of fresh prepared foods and produce in the UK.

The Group's vision is to be recognised and respected as the world's leading fresh prepared foods and produce provider. Bakkavör Group has attained leading market positions in its key market areas of ready meals, pizzas, convenience salads and leafy salads. In total, the Group makes over 4,700 products in 17 product categories, which are developed and sold predominantly under its customers' own brands. In addition to the UK and Iceland, the Group also has business operations in France, Belgium, Spain, South Africa and China and is well-positioned for further expansion.


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