- Changes to the board and management


Stefán Héðinn Stefánsson has resigned from the Board of Landsvaki hf. The Board
has also affirmed a decision by Sigurður Óli Hákonarson, Managing Director of
Landsvaki, to cease his employment with the company. 

Stefán and Sigurður hope that these actions will contribute to establishing a
necessary harmonious operating environment for the company. The Board of
Landsvaki thanks Stefán and Sigurður for their services in recent years and
wishes them both success in the future.