Correction: Reason for transaction Name: FL GROUP Date of transaction: 27.4.2007 Buy or Sell: Buy Type of instrument: Equities Number of shares: 19.666.667 Price: 29,75 Primary insider's holdings after the transaction: 178.190.754 Date of settlement: Reason for transaction: Stock options agreements in FL GROUP hf. of the nominal value of 23.333.334 shares, were exercised after the closing of markets on 27 April. These agreements were notified to the Icelandic Stock Exchange on 6 December 2005 at the share price of ISK 13.6. At the same time FL GROUP hf. purchased 19.666.667 shares at the price of ISK 29,75 pr. share. Number of own shares in FL GROUP hf. before the transaction was 181.857.421 shares, but after the transaction own shareholding is 178.190.754 shares.