Today, Tuesday 31 July 2007, Jon Sigurdsson, President and CEO, and Hjorleifur Palsson, CFO will host a telephone conference for investors, analysts and shareholders at 12:00 GMT, 14:00 CET and 8:00 am Eastern Standard Time The conference call can be heard on the Ossur website: www.ossur.com. Please call the following telephone numbers to participate in the conference: Telephone number for Europe: +44 (0) 20 7162 0125 Telephone number for the United States: +1 334 420 4950 Queries can also be sent to the meeting held in English by e-mail to investormeeting@ossur.com. Presentation material will be available on the Company's website (www.ossur.com) and the website of the OMX Nordic Exchange (www.omxgroup.com/nordicexchange/marketnews/companynotices). Local meetings to discuss results of the Company's operations will from now on be hosted at least twice each year, rather than following each quarterly report. There will not be a local meeting following this second quarter report.