- Stock option


The board of directors of Atorka Group hf. (ATOR) has decided to grant stock
options on shares in the company to its CFO. Stock option holder are entitled
to exercise one third of their stock option every year for three year period,
from 2008 to 2010 from 1 February to 1 March each year and the first excercise
1 February to 1 March 2008. The option has an exercise price 10,18. 

Name of primary insider: Arnar Már Jóhannsson
Insider's relation to the issuer: Chief Financial Officer
Number of shares according to stock option plan: 6.000.000
Number of shares insiders has put option: 0
Primary insider's holdings: 0
Number of shares according to forward contract; 0 shares
Related parties' holdings: 77.922 shares
Related parties' holding according to forward contract; 0
Number of shares insiders had stock option; 9.000.000 shares
Number of shares insiders has stock option, total; 15.000.000 shares