FL Group will publish its six months results on Wednesday, August 1st. A presentation for shareholders and market participants will be held at Iða Lækjargata in Reykjavik at 12:00 GMT Wednesday August 1st. Hannes Smárason, CEO of FL Group, will present the results and answer questions. The presentation will be broadcast live on the Internet. To view the webcast log on to www.flgroup.is prior to the meeting. About FL Group FL Group is an international investment company focusing on two areas of investment. The majority of its operations are run through the Private Equity and Strategic Investment division which can take stakes in listed and private companies as well as lead private equity buy-outs. The Capital Markets division is a proprietary trading desk focused on taking short-term positions for profits in primarily equities, bonds and currencies. With its head office in Reykjavik and offices in Copenhagen and London, FL Group invests in companies in Northern Europe, focusing primarily on the Nordics and the UK but also has investments elsewhere. FL Group is listed on the OMX Nordic Exchange in Reykjavik (OMX: FL). At the end of first quarter 2007 FL Group's total assets amounted to ISK 303 billion (EUR 3.4 billion). Its market capitalisation at the end of March 2007 was ISK 236 billion (EUR 2.7 billion). The largest shareholders of FL Group are Gnúpur fjárfestingafélag hf. (19.8%), Oddaflug BV (19.8%), owned by Hannes Smárason, CEO; Baugur Group (19.6%) , Icon and Materia Invest (10.7%). The shareholding can in some cases be in the name of Icelandic financial institutions because of forward contracts. More information on www.flgroup.is