CORRECTION: 06.12.2007


Correction: headline of the announcement.

Auðkenni útgefanda/Trade ticker:
FL
	 	 	 	 	 
Nafn útgefanda/Issuer:
FL Group hf.
	 				
Dagsetning tilkynningar/Date of announcement:
06.12.2007
 	 	 	 	 
Nafn fruminnherja/Name primary insider:
Oddaflug B.V.
	 				
Tengsl fruminnherja við útgefanda/Insider's relation with the issuer:
Hluthafi / Shareholder
	 		 
Dagsetning viðskipta/Date of transaction:
06.12.2007
	 	 	 	 	 
Tímasetning viðskipta/Time of transaction:
10:00
				
Tegund fjármálagernings/Type of financial instrument:
Hlutabréf / Equities
	 	 	 	 	 
Kaup eða sala/Buy or Sell:
Sala / Sale

Fjöldi hluta/Number of shares:
421.620.258
	 	 	 	 	 
Verð pr. Hlut/Price per share:
ISK 16,1
	 	
Fjöldi hluta í eigu fruminnherja eftir viðskipti/Primary insider's holdings
after the transaction: 
1.475.101.748
	 	 	 	 	 
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: 
1.475.101.748
	
Dagsetning lokauppgjörs*/Date of settlement*:

	 	
Athugasemdir*/Comments*:	 	 	 	 	 
Oddaflug B.V. átti 20,52% hlut í FL Group hf. fyrir söluna. Oddaflug B.V. er í
eigu Eignarhaldsfélagsins Oddaflug ehf. sem er í eigu Hannesar Smárasonar
fyrrverandi forstjóra FL Group hf. Eftir söluna á Oddaflug B.V. 1.475.101.748
hluti, þ.e. 15,96% eignarhlut í FL Group hf. Oddaflug B.V. 
Oddaflug B.V. og Materia Invest ehf. hafa gert með sér samkomulag að um fara
sameiginlega með atkvæðisrétt í FL Group frá og með deginum í dag.
Sameiginlegur atkvæðisréttur er því 25,19%. 
	
Oddaflug B.V. held 20.52% of the share capital in FL Group hf. before this
sale. Oddaflug B.V. is held by Eignarhaldsfelagid Oddaflug ehf. which is held
by the former CEO of FL Group hf. Hannes Smarason. Oddaflug B.V.‘s total
shareholding in FL Group hf. after the sale is 1,475,101,748 shares which is
15.96% of FL Group‘s share capital. With 
Oddaflug B.V. and Materia Invest ehf. have agreed to jointly exercising their
voting rights in FL Group as of today. The combined voting right is 25.19% of
FL Group‘s total voting rights.