Directors Dealings Name of insider: Langflug ehf. Relations with the issuer: All members of the Board of Langflug ehf. Finnur Ingólfsson, Guðsteinn Einarsson, Helgi S. Guðmundsson are either Members or Alternate Mebers of the Board of ICEAIR. Date of transaction: 31.8.2007 Buy or Sell: Sala / Sale Type of instrument: Hlutabréf / Equities Number of shares: 81.650.000,- Price: 30,53 Primary insider's holdings after the transaction: 238.350.000,- Primary insider's option holdings after the transaction: 0 Related parties holdings after the transaction: 0 Date of settlement: 11.9.2007 Comments: Langflug ehf. has made an agreement on a mutual exchange of shares with FS7 ehf., a company owned by Finnur Ingólfsson, the chairman of the Board of ICEAIR and Langflug ehf., regarding a swap of shares in ICEAIR and Langflug ehf. In addition a share purchase agreement on a small amount of Langflugs' shares in ICEAIR was also made with FS7 ehf. All board members in Langflug ehf. are either board members or reserve board members in ICEAIR. GIFT Investment Company holds 75% of the shares in Langflug ehf, Langflug ehf. owns 24,9% in the company it self and FS7 holds 0,01% of shares in Langflug ehf. GIFT Investment Company is owned by Samvinnutryggingar. FS7 is owned by Finnur Ingólfsson. . Helgi S. Guðmundsson, member of the board in ICEAIR og and in Langflugi ehf. .Guðsteinn Einarsson, is alternative member of the board in ICEAIR and in Langflugi ehf.
Correction - Date of transaction 31.8.2007 - Published 2007-08-31 17:54:49 CET
| Source: Icelandair Group hf.