30 April 2007


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.