Directors Dealings Name of insider: Baugur Group hf Relations with the issuer: Big Shareholder Date of transaction: 14.6.2007 Buy or Sell: Sala / Sale Type of instrument: Hlutabréf / Equities Number of shares: 227.848.591 Price: 4,3 Primary insider's holdings after the transaction: 1.089.389.143 Primary insider's option holdings after the transaction: 0 Related parties holdings after the transaction: 0 Date of settlement: Comments: Baugur Group hf. bought 6,64% in 365 hf. and sold it right away to Landsbanki Íslands hf. Simultaniously, Baugur Group hf. entered into derivative contracts with Landsbanki Íslands hf., where Baugur Group hf. bears the financial risk and gains all benefits from the shares in 365 hf.