Name of party notifying: Kristinn ehf. Address of the party notifing: Birkihlíð 17 Date of transaction: 5.9.2007 Number of shares in transaction: 364.651.261 Number of shares before the transaction: 462.774.938 Number of shares after the transaction: 98,123,677 Holdings of total nominal value before the transaction %: 44.65% Holdings of total nominal value after the transaction %: 9,00% Notification is based on: Art. 33 (1) of the Act no. 33/2003 point(s) no.1. Additional information: Number og shares after the deal in the ownership og Kristinn ehf and Fram ehf. is 9% . The companies are financialy connected to Guðbjorg Mattiasdóttir board member of TM