Actavis Group - Market making agreement with Glitnir banki


On 25 March 2005 an agreement between Actavis Group hf. and Glitnir banka haf., on market making for issued shares on Iceland Stock Exchange in Actavis Group hf.  The agreement came into effect from 1 April 2005.  The purpose of the agreement is to strengthen liquidity of the shares of the company on the Iceland Stock Exchange. 

Both parties have agreed to amend the said agreement so the maximum bid/ask spread may not exceed 1%, instead o 1.5% as was previously agreed upon.  A part from this amendment the agreement stands unchanged.  The amendments will enter into force 8 March 2007.