Chief Executive Officer, Magni Arge's share trading was previously announced to have been conducted by himself, but hereby corrected to be through a limited liability company (Spf. 11.juni 2007), except for the 3 shares that were awarded to all staff by Atlantic Airways P/F. Auðkenni útgefanda/Trade ticker: FO-AIR Nafn útgefanda/Issuer: Atlantic Airways P/F Dagsetning tilkynningar/Date of announcement: 30-11-2007 Nafn fruminnherja/Name primary insider: Magni Arge Tengsl fruminnherja við útgefanda/Insider's relation with the issuer: Chief Executive Officer Dagsetning viðskipta/Date of transaction: 28-11-2007 Tímasetning viðskipta/Time of transaction: 0:00 Tegund fjármálagernings/Type of financial instrument: Shares Kaup eða sala/Buy or Sell: Buy Fjöldi hluta/Number of shares: 11497 Verð pr. Hlut/Price per share: 261 DKK Fjöldi hluta í eigu fruminnherja eftir viðskipti/Primary insider's holdings after the transaction: 11497 Fjöldi hluta sem fruminnherji á kauprétt að/Primary insider's option holdings after the transaction: 0 Fjöldi hluta fjárhagslega tengdra aðila eftir viðskipti/Related parties' holdings after the transaction: 0 Dagsetning lokauppgjörs*/Date of settlement*: 0 Athugasemdir*/Comments*: The largest part of this trade (11.494 shares) was conducted by limited liability company Spf. 11.juni 2007, which is wholly owned by Magni Arge. In addition to this, 3 shares have been awarded to Magni Arge personally by Atlantic Airways P/F as it has done to all its employees including the board.