We are pleased to announce the appointment of Hrund Rudolfsdottir as Marel Food Systems' Corporate Director of Human Resources, a new position within the company's organizational structure. Since 2007, Mrs. Rudolfsdottir has been serving as the Managing Director of Operations and Investment Projects at Milestone/Moderna hf., an international financial company based in Iceland. Prior to that, she was the Managing Director of L&H holding company from 2003-2007 and the Managing Director of Lyf & heilsa hf., a pharmacy retailer, from 2003-2006. Mrs. Rudolfsdottir sits on the Board of Directors of Pharma Investment in Holland, as well as the boards of a number of Icelandic companies and organizations, including the Pension Fund of Commerce, LeidtogaAUDUR, ArnasonFaktor, the Confederation of Icelandic Employers and the Federation of Trade and Services. Mrs. Rudolfsdottir holds a M. Sc. in international marketing and management from the Copenhagen Business School and a Cand. Oecon. degree in business administration from the University of Iceland. She is married and has three daughters. Mrs. Rudolfsdottir will take up her new position in March 2009.