Teymi hf.'s offer to shareholders of Teymi hf. to sell their shares in the company expired at 16:00, 29 August 2008. Shareholders representing approximately 9.68 % of the total share capital in Teymi hf. accepted the offer. The purchase price of shares in Teymi hf. will be paid with shares in Alfesca hf. as provided in the terms and conditions of the offer. Payment of the purchase price will be made no later than five business days after the expiration of the offer. Shareholders representing approximately 90.32 % of the total share capital in Teymi hf. did not accept the offer. Landsbanki Islands hf. - Corporate Finance was Teymi hf.'s advisor. For further information contact Dora Sif Tynes CLO at + 354 6695512