Reference is also made to previous announcement (28 November 2007) of the result of the offering. As part of the share offering 19-27 November 2007, Atlantic Airways P/F had planned to award 3 shares to each employee of the company as a christmas bonus to the employees, but due to concerns about the formal authorisation for doing so, Atlantic Airways P/F has decided to cancel this arrangement. The result of this is that the 612 shares to a value of around 160.000 DKK, which were originally intended as a christmas bonus to the employees are now not allocated to the employee tranche, but to the other tranches. The final allocation of the share offering is therefore as follows: • 181.157 shares corresponding to DKK 47.3 million were allocated to investors ordering minimum 20,000 shares • 140.758 shares corresponding to DKK 36.7 million were allocated to investors ordering up to 20,000 shares • 19.635 shares corresponding to DKK 5.1 million were allocated to the employees of Atlantic Airways This redistribution does not change the amount of sold shares or the total or net proceeds from the sale. As a result of this correction, the total number of new shareholders is 1.276. This correction also affects announcements of director's dealings as made on 30 November and 3 December. In these announcements of director's dealings the above described 3 shares, which Atlantic Airways P/F had planned to award to all employees, were included in the number of shares subscribed for. Therefore, the correct number of shares bought and the shareholdings of directors after the transaction are as follows. -------------------------------------------------------------------------------- | Name | Relation to the issuer | Number | Price | Share | Related | | | | of | per | holding | party | | | | shares | share | s after | share | | | | bought | | the | holding | | | | | | transac | s after | | | | | | tion | the | | | | | | | transac | | | | | | | tion | -------------------------------------------------------------------------------- | Christian | Chairman of the board | 957 | 261 DKK | 957 | 0 | | Andreasen | | | | | | -------------------------------------------------------------------------------- | Pétur J | Board member | 2000 | 261 DKK | 2000 | 0 | | Eiriksson | | | | | | -------------------------------------------------------------------------------- | Erling í | Board member | 957 | 261 DKK | 957 | 0 | | Liða | | | | | | -------------------------------------------------------------------------------- | Ingi | Board member | 197 | 261 DKK | 197 | 0 | | Solberg | | | | | | | Joensen | | | | | | -------------------------------------------------------------------------------- | Verna | Board member | 197 | 261 DKK | 197 | 0 | | Rasmussen | | | | | | -------------------------------------------------------------------------------- | Spf 11. | Company owned by Chief | 11.494 | 261 DKK | 11.494 | 0 | | juni 2007 | Executive Officer, | | | | | | | Magni Arge | | | | | -------------------------------------------------------------------------------- | Marius | Chief Financial Officer | 3487 | 261 DKK | 3487 | 0 | | Davidsen | | | | | | --------------------------------------------------------------------------------