Straumur - Burdaras Investment Bank hf. (“Straumur”) has purchased 5,333,334 shares in the bank at the share price of ISK15.43 and 333,333 shares at 16.65 and in parallel, sold shares to key employees in accordance with stock option agreements. Straumur has in parallel to its consummation of issued call options bought 2,333,334 at the share price of ISK 20.43 that is the average share price of Straumur shares on 3. September 2007. After these transactions Straumur holds 271,716,658 shares in the bank.