The following candidates wish to be elected for the Board of Directors of Alfesca hf. at the Annual General Meeting of the Company on 24 September 2007: Candidates for the Board of Directors of Alfesca hf: Arni Tomasson, Hraunbraut 20, Kopavogur, Iceland Bill Ronald, The Causeway, Hibbert Road, Bray, Berkshire, UK Gudmundur Asgeirsson, Bardastrond 33, Seltjarnarnes, Iceland Hartmut M. Krämer, Schulstrasse 2, Dusseldorf, Germany Olafur Olafsson, Huldubraut 28, Kopavogur, Iceland Alternate Board Member: Kristinn Albertsson, Grofarsmara 15, Kopavogi, Iceland No other candidate has notified the Board of Directors of his intention to be elected to the Board of Directors of Alfesca hf. Proposal for remuneration The Annual General Meeting of Alfesca hf. held on 24 September 2007 approves the remuneration for the members of the Board of Directors as follows: Period from 1 July 2007 to 30 June 2008: Directors receive €40.000. The Chairman of the Board of the Directors shall receive three times the amount paid to the directors and the Deputy Chairman shall receive two times the amount payable to the directors. Directors appointed to serve on any subcommittee shall be entitled to receive an additional €20.000 for each such appointment.