- Date of transaction 5.6.2007


Directors Dealings	
	
Name of insider:
Guðni Hreinsson

Relations with the issuer:
Mgr.Dir. Loftleiðir

Date of transaction:
5.6.2007

Buy or Sell:
Sala / Sale

Type of instrument:
Hlutabréf / Equities

Number of shares:
103.703

Price:
27,85

Primary insider's holdings after the transaction:
0

Primary insider's option holdings after the transaction:
2.900.000

Related parties holdings after the transaction:
1.540.741

Date of settlement: