Marel hf. has entered into a market making agreement with MP Bank hf. for the company's issued shares. The purpose of market making is to facilitate trading in the company's shares on the NASDAQ OMX Iceland Exchange. MP Bank commits itself to making daily bid and ask offers for shares in Marel hf. (MARL) on the NASDAQ OMX Iceland for a minimum of ISK 100,000 at nominal value, at a price determined each time by MP Bank. The maximum bid-ask spread shall not exceed 1.5% and the deviation from the last transaction price shall not exceed 3%. The maximum aggregated market value of total trades that MP Bank is committed to buying or selling each day is ISK 700,000 at nominal value. The agreement takes effect today. It is of unspecified duration and may be terminated with one month's notice. It has been agreed with Islandsbanki that Marel's prior market making agreement with the bank will be discontinued once the agreement with MP Bank takes effect.