Atlantic Airways and Kaupthing Bank hf. have signed a Market Making Agreement where Kaupthing Bank acts as market maker for shares issued by Atlantic Airways pf. The purpose of this agreement is to improve liquidity in the shares of Atlantic Airways on the OMX Nordic Exchange Iceland in order to promote the development of market price and to encourage effective and transparent price formation. The terms of the market making are as follows: - Kaupthing Bank will at any given time make daily bid and offer quotos for shares in Atlantic Airways for a minimum of 200 shares at a price determined by Kaupthing. Kaupthing may but is not obligated to submit a bid or an offer for a higher nominal value. - The maximum bid/offer spread shall not exceed 1.5 %. - The deviation from the last transaction price shall not exceed 3 % - The maximum obligated total trades per day is DKK 500,000 at market value.