Name of party notifying: Langflug ehf. Address of the party notifing: Bitruhálsi 2 Date of transaction: 31.8.2007 Number of shares in transaction: 82.330.000,- Number of shares before the transaction: 320.000.000,- Number of shares after the transaction: 237.670.000,- Holdings of total nominal value before the transaction %: 32,00% Holdings of total nominal value after the transaction %: 23,77% Notification is based on: Art. 33 (1) of the Act no. 33/2003 point(s) no. Comments: Guðsteinn Einarsson, varastjórnarmaður í ICEAIR og jafnframt í Langflugi