- Saga Capital Investment Bank hf. signs a Market Making Agreement with Icelandair Group hf.

Saga Capital Investment Bank hf. and Icelandair Group have signed a market
making Agreement where Saga Capital acts as market maker in for shares issued by
Icelandair Group.
 
The purpose of Saga Capitals' market making is to facilitate trading in the
company's shares on the OMX Nordic Exchange in Iceland. 
 
The agreement is effective as of today and is for an unlimited time but with
one month's notice. 
 
The terms of the market making are as follows:
 
- Saga Capital will make daily bid and ask offers in Icelandair Group (ICEAIR)
  for a  minimum of ISK 1,000,000 at nominal value at a price determined by
  Saga Capital at all times; 
 
- The maximum bid-ask spread shall not exceed 1,0%;
 
- The deviation from the last transaction price shall not exceed 3%;
 
- The maximum obligated total trades per day is ISK 100,000,000 at market value.