Fixed income instruments issued by Reykjaneshöfn moved to the Observation List

Fixed income instruments issued by Reykjaneshöfn (RNH 04 1, RNH 05 1 and RNH 08
1) have been moved to the Observation List with reference to an emphasis of
matter in the auditors' report in the issuer's financial statement published on
21 April 2010. The decision is based upon article 8.2 in the Rules for Issuers
of Financial Instruments on NASDAQ OMX Iceland hf.