14.12.2007


Nafn tilkynningarskylds aðila/Name of party notifying
BG Capital hf.

Heimilisfang/Address of the party notifying
Túngötu 6, 101 Reykjavík

Dagsetning viðskipta/Date of transaction
14.12.2007

Fjöldi hluta í viðskiptum/Number of shares in transaction
340.136.054

Atkvæðisréttur eftir viðskipti/Voting right after the transaction
13,05%

Fjöldi hluta fyrir viðskipti/Number of shares before the transaction
1.635.585.550

Fjöldi hluta eftir viðskipti/Number of shares after the transaction
1.295.449.496

Hlutfall af heildarhlutafé fyrir viðskipti %/Holdings of total nominal value
before the transaction % 
17,69%

Hlutfall af heildarhlutafé eftir viðskipti %/Holdings of total nominal value
after the transaction % 
13,05%

Aðrar upplýsingar/Additional informations:
BG Capital ehf. er í 100% eigu Baugs Group hf.  Fjárhagslega tengdir aðilar eru
Fjárfestingafélagið Gaumur ehf. (0,01%), Eignarhaldsfélagið ISP ehf. (1,10%),
Hagar hf. (0,73%), Landic Property hf. (1,13%) og 101 Capital ehf. (1,66%)  Jón
Ásgeir Jóhannesson, starfandi stjórnarformaður Baugs Group, er formaður
stjórnar FL Group.  Gunnar S. Sigurðsson, forstjóri Baugs Group, er
stjórnarmaður í FL Group. 

Baugur Group hf. is the sole shareholder of BG Capital ehf.  Financially
related parties holding shares in FL Group are Fjarfestingafelagid Gaumur ehf.
(0,01%), Eignarhaldsfelagid ISP ehf. (1,10%), Hagar hf. (0,73%), Landic
Property hf. (1,13%) and 101 Capital ehf. (1,66%) Jon Asgeir Johannesson,
Executive Chairman of Baugur Group, is Chairman of the Board of Directors of FL
Group. Gunnar S. Sigurðsson, CEO of Baugur Group, member of the Board of
Directors of FL Group.