Additional information to note 39 and 52 in the Consolidated Financial Statements for 2007

1.	Note 39 (Share-based payments) Agreements of stock options

Jon Sigurdsson, CEO of FL Group hf.:
Has a total number of share options in FL Group hf. of 201.5 million through
two comparable optionplans.  1/3 of each can be executed annually. The former
includes 51.5 million shares at an exercise price of 13.6 exercisable on 10
November 2006, 2007 and 2008. The latter includes 150 million shares at an
exercise price of 14.7 exercisable on 1 March 2009, 2010 and 2011. 

Five Managing Directors of FL Group hf.:
The total number of shares in FL Group hf. is 182.7 million shares. Weighted
average exercise price of the shares is 15.1. These stock options are
comparable as 1/3 of them can be executed annually. The Managing Directors´
stock options are exercisable from February 2008 to December 2010. 

All aforementioned stock options will be adjusted relatively for dividend
payout. 


2.	Note 52 (Related parties) Shareholdings of executives
Direct and indirect holdings of FL Group hf. executives at year end 2007
including forward agreements in ISK millions: 
				
Share held at year-end 2007
Jón Ásgeir Jóhannesson (Chairman of the Board):           4.954,7*
Hannes Smárason (board member):                           1.475,1
Pálmi Haraldsson (board member):                            832,6
Þorsteinn M. Jónsson (board member):                         24,8**
Skarphéðinn Berg Steinarsson (former board member)            0,7
Gunnar Sigurðsson (board member)                              0
Kristín Edwald (board member)                                 0
Þórður Már Jóhannesson (board member)                         0
Smári S. Sigurðsson (alternative board member)                0
Jón Kristjánsson (former board member)                        0
Kristinn Björnsson (former  board member)                     0
Magnús Ármann (former  board member)                          0**
Paul Davidson (former  board member)                          0
Jón Sigurðsson (CEO)                                          0
Five Managing Directors of FL Group hf.:                     11,0

*Baugur Group hf. is among others owned by Jón Ásgeir Jóhannesson and related
parties. Baugur Group hf. is the largest shareholder in FL Group hf., holding
in total 4.954.717.787 shares in FL Group hf. at year-end 2007. 
** Þorsteinn M.  Jónsson and  Magnús Ármann hold one third each in Materia
Invest ehf. Materia Invest ehf. held 852.899.654 shares in FL Group hf. at
year-end 2007. Þorsteinn M. Jónsson's direct holding in FL Group hf. was
24.771.499 shares at year-end 2007.