Date of transaction 25.5.2007

| Source: Glitnir banki hf. Glitnir banki hf. 

Name:
Glitnir banki

Date of transaction:
25.5.2007

Buy or Sell:
Buy

Type of instrument:	
Equities

Number of shares:
4.559.017

Price:
27,5

Primary insider's holdings after the transaction:
983.925.733

Date of settlement	

Reason for transaction:
Own account dealing due to a new Managing Director