12 December 2008 Straumur and Saga Capital have signed a Market Making Agreement where Saga Capital acts as market maker for shares issued by Straumur on NASDAQ OMX Iceland. The purpose of the agreement is to facilitate trading and improve liquidity in the shares of Straumur on the NASDAQ OMX Iceland in order to promote the development of market price and to encourage effective and transparent price formation. The terms of the agreement are as follows: Saga Capital is committed to make daily bid and offer quotes on all trading days for a minimum of ISK 1.000.000 at nominal value at a share price decided by Saga Capital. Maximum bid/ask spread shall not exceed 1.5% and the deviation from the last transaction price shall not exceed 2.0%. Saga Capital secures the amount of the total trade for one day to be at nominal value at a maximum ISK 20.000.000. This agreement will be active as of 15 December 2008. According to announcement from Straumur dated 5 December 2008, Straumur has made a market making agreement with Nýi Kaupþing banki hf. ("Nýi Kaupþing"). The terms of that market making agreement are as follows: Nýi Kaupþing is committed to make daily bid and offer quotes on all trading days for a minimum of 1.000.000 shares in Straumur at a price decided by Nýi Kaupþing. Maximum bid/ask spread shall not exceed 1.5% and the deviation from the last transaction price shall not exceed 3.0%. Nýi Kaupþing secures the amount of the total trade for one day to be at nominal value at a maximum ISK 25.000.000. Nýi Kaupþing started market making with Straumur shares on 11 December 2008. For further information contact; Georg Andersen Head of Corporate Communications Mobile: +354 858 6707 georg@straumur.com
Market making agreement between Straumur-Burdaras Investment Bank hf. ("Straumur") and Saga Capital Investment bank hf. ("Saga Capital")
| Source: Straumur-Burðarás Fjárfestingabanki hf.