Related party trading Name of related party trading the shares: Tessera Holding ehf. Name of primary insider: See explanation Relations with the issuer: See explanation Date of transaction: 11.9.2007 Buy or Sell: Kaup / Buy Type of instrument: Hlutabréf / Equities Number of shares: 78.627 Price: 17,5 Primary insider's holdings after the transaction: 1.060.330.702 Primary insider's option holdings after the transaction: 0 Related parties holdings after the transaction: See explanation Date of settlement: Comments: "Transaction regarding redemption of shares in Mosaic Fashions hf. where Tessera Holding ehf. has today acquired a total of 78,627 shares in Mosaic Fashions hf. After the transaction Tessera Holding ehf. and the consortium will own an aggregate of 2,899,005,541 shares in Mosaic Fashions hf. or the equivalent of 99.9% of the company's share capital. Richard Glanville, a member of the bid consortium and the Chief Financial Officer of Mosaic Fashions hf., owns 71,262,671 shares in Mosaic Fashions hf. Derek Lovelock, a member of the bid consortium and the Chief Executive Officer of Mosaic Fashions hf., owns 139,906,819 shares in Mosaic Fashions hf. Meg Lustman, a member of the bid consortium and a key employee of Mosaic Fashions hf., owns 23,439,257 shares in Mosaic Fashions hf. Sharon O'Connor, a member of the bid consortium and a key employee of Mosaic Fashions hf., owns 7,813,086 shares in Mosaic Fashions hf. Hannah Russell, a member of the bid consortium and a key employee of Mosaic Fashions hf., owns 1,427,112 shares in Mosaic Fashions hf. John Egan, a member of the bid consortium and a key employee of Mosaic Fashions hf., does not own any shares in Mosaic Fashions hf. F-Capital ehf., a member of the bid consortium and a wholly owned subsidiary of Baugur Group hf., a primary insider in Mosaic Fashions hf., owns 1,083,138,488 shares in Mosaic Fashions hf. Gnúpur Investment Company hf., a member of the bid consortium, owns 20,030,000 shares in Mosaic Fashions hf. Kaupthing Bank hf., a member of the bid consortium, owns 375,414,167 shares in Mosaic Fashions hf. Karen Millen & Trust, a member of the bid consortium, owns 116,243,239 shares in Mosaic Fashions hf. For further information, please contact Jessica Wilks, Investor Relations Manager on +44 207 452 1122. Information on Mosaic Fashions hf is available on the company website at www.mosaic-fashions.is or www.mosaic-fashions.co.uk. "