Directors Dealings Name of insider: Kögun hf. Relations with the issuer: Affiliate Date of transaction: 15.5.2007 Buy or Sell: Kaup / Buy Type of instrument: Hlutabréf / Equities Number of shares: 2.000.000 Price: 5 Primary insider's holdings after the transaction: 2.000.000 Primary insider's option holdings after the transaction: 0 Related parties holdings after the transaction: 0 Date of settlement: