Icelandair Group - Issuer holdings

| Source: Icelandair Group hf. Icelandair Group hf. 

Name	Icelandair Group Holding
Date of transaction	28.2.2007
Buy or Sell	Buy
Type of instrument	Equities
Number of shares	7.350.000
Price	27,2
Primary insider's holdings after the transaction	7.350.000
Date of settlement