Reykjavik, Iceland, July 9, 2007. All EVP´s of Actavis Group hf., have announced to Novator that the takeover bid of Novator for all shares in Actavis Group hf. is accepted by them and related parties. All terms and conditions of the Novator bid apply to the acceptance by the EVP´s and related parties. The offer price is EUR 1.075 for each share. Conditions set forth in the offer are still valid so the sale of the shares has not been affected. Summary and breakdown of the above stated information is as shown in this table: See attachment. For further information please contact: Árni Hardarson, by phone +354 550 3300 / +354 840 7462 or by e-mail ahardarson@actavis.com