FL Group - Major Holdings Name of party notifying: Gnúpur Fjárfestingafélag hf. Address of the party notifing: Laugavegur 182 Date of transaction: 8.6.2007 Number of shares in transaction: 28.440.000 Number of shares before the transaction: 1.564.478.476 Number of shares after the transaction: 1.592.918.476 Holdings of total nominal value before the transaction %: 19,69% Holdings of total nominal value after the transaction %: 20,05% Notification is based on: Art. 33 (1) of the Act no. 33/2003 point(s) no.1.