Name of party notifying Kristinn ehf. Address of the party notifing Birkihlíð 17, Vestmannaeyjum Date of transaction 11.10.2007 Number of shares in transaction 98.123.677 Number of shares before the transaction 98.123.677 Number of shares after the transaction 0 Holdings of total nominal value before the transaction % 9,00% Holdings of total nominal value after the transaction % 0,00% Notification is based on Art. 33 (1) of the Act no. 33/2003 point(s) no. Additional information Gudbjorg Matthiasdottir is the largest shareholder of Kristinn ehf. that sells FL Group hf. all its' shares in TM. The transaction is subject to the approval of the FSA. Kristinn ehf. gets paid for the shares with new share capital in FL Group.