Name: Glitnir banki Date of transaction: 5.9.2007 Buy or Sell: Sale Type of instrument: Equities Number of shares: 281.195.079 Price: 28,45 Primary insider's holdings after the transaction: 368.144.096 Date of settlement : Reason for transaction: Glitnir banki hf. has acquired a 39,8% stake in TM. Glitnis objective is to sell the acquired stake on to several investors. The sale of these issuer holdings which will be handed over on the 25th of september is a payment for Glitnir envolvement in the trade regarding TM