Major Holdings Name of party notifying: Gnúpur Fjárfestingafélag hf. Address of the party notifing: Laugavegur 182 Date of transaction: 21.6.2007 Number of shares in transaction: 3.330.452 Number of shares before the transaction: 35.072.478 Number of shares after the transaction: 38.402.930 Holdings of total nominal value before the transaction %: 4,74% Holdings of total nominal value after the transaction %: 5,19% Notification is based on: Art. 33 (1) of the Act no. 33/2003 point(s) no.1. Additional information: Gnupur's shareholders are: - Brekka Investment Companyu (held by Thordur Mar Johannesson) 7,1% - Companies controlled and owned by Magnus Kristinsson: - MK44-II 29,5% - Suðurey 17% Total: 46,5% - Companies controlled and owned by Kristinn Björnsson & family: - Eignarhaldsfélagið SKE-II 18,2% - Eignarhaldsfélagið SK-II 28,2% Total: 46,4%