Marel Food Systems hf. enters into a market making agreement with New Glitnir bank hf.

Marel Food Systems hf. has entered into a market-making agreement with New
Glitnir bank hf. (Glitnir) for the company's issued shares. 
The purpose of market making is to facilitate trading in the company's shares
on the Nasdaq OMX Nordic Exchange Iceland (the Exchange). 
Glitnir is committed to making daily bid and ask offers on the Exchange for
shares in Marel Food Systems (MARL) for a minimum of ISK 200.000 at nominal
value at a price which Glitnir determines at all times. The maximum bid-ask
spread shall not exceed 1,5% and the deviation from the last transaction price
shall not exceed 3%. The maximum aggregated market value of total trades that
Glitnir is committed to buy or sell each day is ISK 50.000.000. 
The agreement is effective as of today and is terminable with two weeks notice.