Announcement Össur hf. No. 2/2011 Auðkenni útgefanda/Trade ticker: OSSR Nafn útgefanda/Issuer: Össur hf. Dagsetning tilkynningar/Date of announcement: 11 February 2011 Nafn fruminnherja/Name primary insider: William Demant Invest A/S. Tengsl fruminnherja við útgefanda/Insider's relation with the issuer: Niels Jacobsen Dagsetning viðskipta/Date of transaction: 11 February 2011 Tímasetning viðskipta/Time of transaction: 13:05 CET Tegund fjármálagernings/Type of financial instrument: Equities Kaup eða sala/Buy or Sell: Buy Fjöldi hluta/Number of shares: 10,904,008 Verð pr. Hlut/Price per share: DKK 8.5 Fjöldi hluta í eigu fruminnherja eftir viðskipti/Primary insider's holdings after the transaction: 179,598,211 Fjöldi hluta sem fruminnherji á kauprétt að/Primary insider's option holdings after the transaction: 0 Fjöldi hluta fjárhagslega tengdra aðila eftir viðskipti/Related parties' holdings after the transaction: 0 Dagsetning lokauppgjörs*/Date of settlement*: 0 Athugasemdir*/Comments*: Niels Jacobsen is the chairman of the Össur Board of Directors [HUG#1488282]