- Correction: - TAKEOVER BID PENDING TO SHAREHOLDERS OF ALFESCA HF.


In an announcement dated 28 May 2009 on a proposed takeover bid, the combined
shareholding of the Consortium was overstated by 2,100,000 shares or 0.04% of
the issued share capital of Alfesca hf. and voting rights. 

The total shareholding of the parties forming at that time the Consortium for
the control and operation of Alfesca hf. was 3,961,836,633 shares or 67.40% of
issued shares in Alfesca hf. and 67.79% of voting rights (and not 3,963,936,633
shares or 67.44% of issued share capital and 67.83% of voting rights as wrongly
stated). 

Those managers of Alfesca and related parties who at that time had become
members of the Consortium owned a total of 64,740,311 shares or 1.10% of issued
share capital in Alfesca hf. and 1.11% of voting rights (and not 66,840,311
shares or 1.14% of issued share capital and voting rights as wrongly stated). 

Otherwise this correction has no effect on the information contained in the
announcement. 

Please note that on 22 June 2009 more members of the management team joined the
Consortium and therefore the combined shareholding of the Consortium was higher
than stated here when the public offer document was dated on 25 June 2009.