Alfesca hf will hold a shareholders' meeting at Hotel Nordica, Sudurlandsbraut
2, Reykjavík on Tuesday 22 May 2007, at 18:00 pm.
The agenda includes the following items of business to be considered:
1. To authorize the Board to increase the share capital of the Company by a
maximum amount of ISK 300.000.000 at nominal value, at a ratio to be determined
by the Board, in order for the Company to fulfill the conditions of the
performance related equity incentive plan for executive directors and senior
managers of the Company. Shareholders will waive any pre-emptive rights to the
share increase, if the authorization is utilised.
2. Any other business lawfully presented.
All materials, including the foregoing motion, will be available to
shareholders at the Company's registered office one week prior to the meeting.
