Auðkenni útgefanda/Trade ticker: FL Nafn útgefanda/Issuer: FL Group hf. Dagsetning tilkynningar/Date of announcement: 14.12.2007 Nafn fruminnherja/Name primary insider: BG Capital ehf. Tengsl fruminnherja við útgefanda/Insider's relation with the issuer: Hluthafi / Shareholder Dagsetning viðskipta/Date of transaction: 14.12.2007 Tímasetning viðskipta/Time of transaction: 20:00 Tegund fjármálagernings/Type of financial instrument: Hlutabréf / Equities Kaup eða sala/Buy or Sell: Sala / Sell Fjöldi hluta/Number of shares: 340.136.054 Verð pr. Hlut/Price per share: ISK 14,7 Fjöldi hluta í eigu fruminnherja eftir viðskipti/Primary insider's holdings after the transaction: 1.295.449.496 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: 347.355.352 Dagsetning lokauppgjörs*/Date of settlement*: Athugasemdir*/Comments*: Bréfin voru seld í tengslum við hlutafjárútboð FL Group í samræmi við áður kynnta samninga um kaup FL Group á hlutum í fasteignafélögum og -sjóðum af Baugi Group og dótturfélögum. BG Capital ehf. er í 100% eigu Baugs Group hf. Fjárhagslega tengdir aðilar eru Fjárfestingafélagið Gaumur ehf., Eignarhaldsfélagið ISP ehf., Hagar hf. og 101 Capital ehf. Jón Ásgeir Jóhannesson, starfandi stjórnarformaður Baugs Group, er formaður stjórnar FL Group. Gunnar S. Sigurðsson, forstjóri Baugs Group, er stjórnarmaður í FL Group. The shares were sold in relation to FL Group‘s a private placement in accordance with the announced agreements on FL Group‘s purchase of Property Portfolio from Baugur Group and affiliates. Baugur Group hf. is the sole shareholder of BG Capital ehf. Financially related parties holding shares in FL Group are Fjarfestingafelagid Gaumur ehf., Eignarhaldsfelagid ISP ehf., Hagar hf. and 101 Capital ehf. 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, is member of the Board of Directors of FL Group.