Name of insider: Bjarni Ármannsson Relations with the issuer: Departing CEO Date of transaction: 30.4.2007 Buy or Sell: Sala / Sale Type of instrument: Hlutabréf / Equities Number of shares: 234.957.500 Price: 29 Primary insider's holdings after the transaction: 521.560 Primary insider's option holdings after the transaction: 0 Related parties holdings after the transaction: 466.353 Date of settlement: 18. maí 2007/18 May 2007 Comments The transaction concerns 82.443.983 shares previously owned by Sjávarsýn ehf. og 152.513.517 shares owned by Landsýn ehf. Both companies are 100% owned by the permanent insider.