HB Grandi - Major Holdings


Name of party notifying	Kjalar ehf.
Address of the party notifing	Huldubraut 28, Kópavogi
Date of transaction	28.3.2007
Number of shares in transaction	563.664.658
Number of shares before the transaction	0
Number of shares after the transaction	563.664.658
Holdings of total nominal value before the transaction %	0,00%
Holdings of total nominal value after the transaction %	33,03%
Notification is based on	Art. 28 (1) of the Act no. 33/2003 point(s) no.

Additional information
Ólafur Ólafsson is the owner of all shares in Kjalar ehf.