- Public Offer by London Acqusition B.V. for outstanding shares in Stork N.V. declared unconditional


•  The acceptance period for the Public Offer for shares in Stork N.V. by London
   Acqusition B.V. ended on January 14th 2008 with shareholders representing 98%
   of outstanding share capital of Stork N.V. tendering their shares.  London
   Acquisition has today announced that the remaining conditions to the Public
   Offer have been satisfied and the Public Offer has subsequently been declared
   unconditional.  The Public Offer amounted to EUR 48.40 per share in Stork
   N.V. or a total of 1.7 billion EUR. 
 
•  The financing of the investment is fully secured by equity and long-term
   loans.  The settlement of the Offer is expected to be on January 22nd 2008. 

•  Eyrir Invest ehf. participation in London Acqusition B.V. is EUR 103.7
   million or just below 15% share in the company. 

•  LME Holding Company (LME) has, through its subsidiary, sold all of its shares
   in Stork N.V. at a share price of 48.4 per share. LME owned 43% of total
   share capital in Stork N.V. valued at EUR 659 million.   Eyrir Invest ehf
   holding in LME is 40%. 

•  Stork N.V. has sold Stork Food Systems to Marel Food Systems for the amount
   of EUR 415 million, the unconditional offer of Stork N.V. was a precondition
   for that sale. Other conditions are the advice of Stork Work Council and the
   clearance of the Competition Authorities.  The conclusion is expected by mid
   March 2008. 

•  Landsbanki Islands and Allen & Overy in Amsterdam were Eyrir Invest's
   advisors in the transaction. Goldman Sachs and Clifford Change were principal
   advisors of London Acquisition B.V.