Name of insider: Lárus Welding Relations with the issuer: CEO Date of transaction: 2.5.2007 Buy or Sell: Kaup / Buy Type of instrument: Kaupréttur / Call option Number of shares: 150.000.000 Price: 26,6 Primary insider's holdings after the transaction: 0 Primary insider's option holdings after the transaction: 150.000.000 Related parties holdings after the transaction: 0 Date of settlement: 2.5.2012 Comments The call-option agreement has a duration of five years and accrues to the insider 20% each year. The exercise price shall be adjusted for dividend payments.