- Date of transaction 19.9.2007


Related party trading	
	
Name of related party trading the shares:	
101 Capital ehf.

Name of primary insider:	
Jón Ásgeir Jóhannesson

Relations with the issuer:	
Chairman of the Board

Date of transaction:	
19.9.2007

Buy or Sell:	
Kaup / Buy

Type of instrument:	
Hlutabréf / Equities

Number of shares:	
164.609.053

Price:	
ISK 24,30

Primary insider's holdings after the transaction:	
0

Primary insider's option holdings after the transaction:	
0

Related parties holdings after the transaction:	
1.985.735.309

Date of settlement:


Comments:
101 Capital ehf. is held by Ingibjorg Palmadottir. Ingibjorg Palmadottir is
Financially related to Jon Asgeir Johannesson the Chairman of the Board of FL
Group hf.  The transaction is subject to approval by the FL Group shareholders
meeting of the intended issue of new shares.