Name of insider: Stephen Dargavel Relations with the issuer: Joint Managing Director of Innovate Date of transaction: 29.6.2007 Buy or Sell: Kaup / Buy Type of instrument: Hlutabréf / Equities Number of shares: 27.703.177 Price: 45 ISK Primary insider's holdings after the transaction: 27.703.177 Primary insider's option holdings after the transaction: 0 Related parties holdings after the transaction: 0 Date of settlement: Comments: Settlement related to the acquisition of Innovate.