- Date of transaction 19.9.2007


Directors Dealings	
	
Name of insider:	
Sund ehf.

Relations with the issuer:	
Shareholder

Date of transaction:	
19.9.2007

Buy or Sell:	
Kaup / Buy

Type of instrument:	
Hlutabréf / Equities

Number of shares:	
41.152.262

Price:	
ISK 24,3

Primary insider's holdings after the transaction:	
440.116.719

Primary insider's option holdings after the transaction:	
0


Related parties holdings after the transaction:	
0

Date of settlement:

	
Comments:	
Sund ehf. is owned by  Gunnþórunn Jónsdóttir 33,3%, Jón Kristjánsson 33,3% and
Gabríela Kristjánsdóttir 33,3%. Jón Kristjánsson is a Board member of FL Group
hf. The transaction is subject to approval by the FL Group shareholder meeting
of the intended issue of new shares.