FINAL RESULT OF STRAUMUR-BURDARAS INVESTMENT BANK HF'S PUBLIC TENDER OFFER FOR ALL SHARES AND OPTION RIGHTS IN eQ CORPORATION

eQ CORPORATION STOCK EXCHANGE RELEASE                6 July 2007 at 13.00       

FINAL RESULT OF STRAUMUR-BURDARAS INVESTMENT BANK HF'S PUBLIC TENDER OFFER FOR  
ALL SHARES AND OPTION RIGHTS IN eQ CORPORATION                                  


The offer period in the mandatory tender offer by Straumur-Burdaras Investment  
Bank hf (“Straumur-Burdaras”) for all the shares and option rights in eQ        
Corporation (“eQ”) commenced on 11 June 2007 and ended on 3 July 2007.          

According to the final result of the tender offer, the shares tendered in the   
tender offer represent approximately 11.66 per cent of the shares and votes in  
eQ. In addition, holders of approximately 81.25 per cent of the option rights   
issued by eQ have tendered their option rights pursuant to the tender offer.    
Further, Straumur-Burdaras has acquired 80.57 per cent of all shares in eQ      
before the beginning of the tender offer period, and during the tender offer    
period it has acquired 3.89 per cent of all shares in eQ in public trading.     
Accordingly, when the acquisitions before and during the tender offer period and
the acceptances of the tender offer are aggregated, the total holding of        
Straumur-Burdaras would amount to approximately 96.12 per cent of the shares and
votes in eQ. Further, if Straumur-Burdaras would convert the option rights      
tendered into new shares in eQ, Straumur-Burdaras' total holding in eQ would    
amount to approximately 96.17 per cent of the shares and votes in eQ after the  
relevant increase of the share capital.                                         

As the completion of the mandatory tender offer is not subject to any           
conditions, Straumur-Burdaras will complete the tender offer. The offer         
consideration will be paid to the shareholders and the holders of option rights 
who have validly accepted the tender offer in accordance with the terms and     
conditions of the tender offer on or about 11 July 2007.                        

Straumur-Burdaras' intention is to acquire all issued and outstanding shares in 
eQ. As Straumur-Burdaras' ownership in eQ upon the settlement of the completion 
trades will exceed nine-tenths (9/10) of the shares in eQ and of the total votes
attached thereto, Straumur-Burdaras will initiate compulsory acquisition        
proceedings for the remaining shares in eQ under the Finnish Companies Act.     


eQ Corporation and Straumur-Burdaras Investment Bank hf                         


INFORMATION REGARDING STRAUMUR-BURDARAS                                         

Straumur-Burdaras Investment Bank hf is Iceland's largest investment bank.      
Straumur-Burdaras offers integrated corporate and investment banking services in
Northern Europe, with particular focus on the Nordic countries and the UK.      
Straumur-Burdaras' services include corporate finance advisory, debt and equity 
financing, and brokerage.                                                       


INFORMATION REGARDING eQ                                                        

eQ is a Finnish full-service investment bank, the customers of which consist of 
private investors, institutions and companies. eQ provides and develops         
efficient and customer oriented investment banking services for demanding       
customers. The shareholder's equity of eQ Group is EUR 64 million and the       
capital adequacy ratio 14 %. The Group has 170 employees and approximately      
48.000 customers.                                                               


For more information:                                                           
eQ Corporation                                                                  
Antti Mäkinen, CEO, tel. +358 9 681 781 or +358 50 5611 501                     

Straumur-Burdaras Investment Bank hf                                            
Óttar Pálsson, Chief Legal Counsel, tel. +354 840 9148                          


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