Extension on Standstill Agreement


On the 21st of March, Atorka Group hf. (Atorka) announced that the company were
working on extending stand still that was published on 10th of February. 
Today, Atorka and representatives of owners of the bond series, agreed to
extend the agreement until 31st of March 2009. 

Further information is available from Arnar Mar Johannesson, CFO,  tel. +354
540-6200.