Bakkavör Group - Major Holdings


Name of party notifying	Lífeyrissjóðir Bankastræti 7
Address of the party notifing	Bankastræti 7
Date of transaction	19.3.2007
Number of shares in transaction	20.000.000
Number of shares before the transaction	93.304.205
Number of shares after the transaction	113.304.205
Holdings of total nominal value before the transaction %	4,32%
Holdings of total nominal value after the transaction %	5,25%
Notification is based on	Art. 33 (1) of the Act no. 33/2003 point(s) no.1.