- Q1 Briefing for investors May 16th 2007.


An open presentation for investors, shareholders and analysts will be held
Wednesday 16 May at Hotel Nordica (room-H).  Jón Karl Ólafsson the CEO of
Icelandair Group will present the Company's results for Q1 and answer
questions.  The presentation will start at 8:30 

A presentation in English will be web-casted at 13.00 (GMT) at the website:
https://icelandairgroup.webex.com/icelandairgroup/onstage/g.php?t=a&d=843270177 

The presentation material will be available after the meeting the Icelandair
Group Website: www.icelandairgroup.is and in the News System of the OMX Nordic
Exchange Iceland; http://omxgroup.com/nordicexchange/