Primary insider trading According to option plan Issuer: Marel Food Systems hf. Date of transaction: 20 August 2007 Buy/Sell: Buy Price pr. share: 42 Name of insider: Ásgeir Ásgeirsson Relations with the issuer: Man. Director AEW Delford, subsidiary of Marel Food Systems hf Number of shares: 75.715 Primary insider's holdings after the transaction: 124.725 Primary insider's option holdings after the transaction: 300.000 Related parties holdings after the transaction: 1.100 Name of insider: Hörður Arnarson Relations with the issuer: CEO Marel Food Systems hf. Number of shares: 971.430 Primary insider's holdings after the transaction: 2.640.439 Primary insider's option holdings after the transaction: 3.000.000 Related parties holdings after the transaction: 7.235 Name of insider: Jón Þór Ólafsson Relations with the issuer: Manager R&D Marel ehf Number of shares: 207.145 Primary insider's holdings after the transaction: 636.449 Primary insider's option holdings after the transaction: 150.000 Related parties holdings after the transaction: 0 Name of insider: Kristján Hallvarðsson Relations with the issuer: Manager R&D Marel ehf Number of shares: 80.000 Primary insider's holdings after the transaction: 87.235 Primary insider's option holdings after the transaction: 150.000 Related parties holdings after the transaction: 19.685 Name of insider: Kristján Þorsteinsson Relations with the issuer: CFO Marel Food Systems Number of shares: 221.430 Primary insider's holdings after the transaction: 1.105.286 Primary insider's option holdings after the transaction: 150.000 Related parties holdings after the transaction: 0 Name of insider: Lárus Ásgeirsson Relations with the issuer: Man. Director Scanvaegt, subsidiary of Marel Food Systems Number of shares: 485.715 Primary insider's holdings after the transaction: 485.715 Primary insider's option holdings after the transaction: 300.000 Related parties holdings after the transaction: 1.021.395 Name of insider: Pétur Guðjónsson Relations with the issuer: Manager Sales and marketing Marel ehf Number of shares: 500.000 Primary insider's holdings after the transaction: 1.254.430 Primary insider's option holdings after the transaction: 300.000 Related parties holdings after the transaction: 732