- Date of transaction: 26.6.2007

| Source: Bakkavör Group hf. Bakkavör Group hf. 

Name of party notifying:
Lífeyrissjóðir Bankastræti 7

Address of the party notifing:

	
Date of transaction:
26.6.2007

Number of shares in transaction:
28.000.000

Number of shares before the transaction:
81.904.040

Number of shares after the transaction:
109.904.040

Holdings of total nominal value before the transaction %:
3,80%

Holdings of total nominal value after the transaction %:
5,09%

Notification is based on:
Art. 33 (1) of the Act no. 33/2003 point(s) no.1.