Skipti hf. exercise authorisation to increases share capital in connection with the company's acquisitions of Sensa ehf. and Anza hf.

The board of directors of Skipti has decided to exercise the authorisation
contained in article 4.6 of the company's articles of association to increase
the company's share capital by ISK 133,726,693 in connection with the
acquisitions of Sensa and Anza, as announced in Skipti's prospectus published
on 4 March 2008. The increase will be paid for with shares in Anza and Sensa,
and the sellers received shares in Skipti as payment. 

For further information: 
Pétur Þ. Óskarsson, 
VP Communication,
Tel. (+354) 863 6075.


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About Skipti: 
Skipti is a holding company which operates companies in the fields of
telecommunications, IT and entertainment. The group contains Síminn, Míla, Já,
Skjárinn, Sensa, Tæknivörur, On-Waves and Radiomidun. Its foreign subsidiaries
are the telecommunications companies Aerofone in the UK, Síminn DK in Denmark,
and the IT company Sirius IT which operates in Norway, Sweden and Denmark.