Issuer: P/F Føroya Banki Trade ticker: FO:322059 Date of announcement: 21 JUNE 2007 Buy/Sell: Buy Price per share: DKK 189,00 *** Name of related party trading the shares: 0 Name of primary insider: Jóhan Páll Joensen Insider's relation to the issuer: Chairman of the Board Number of shares: 1752 Primary insider's holdings after the transaction: 1762 Primary insider's call option holdings after the transaction: 0 Related parties' holdings after the transaction: 0 Comments: *** Name of related party trading the shares: 0 Name of primary insider: Jens Erik J. Christensen Insider's relation to the issuer: Member of the Board Number of shares: 1161 Primary insider's holdings after the transaction: 1161 Primary insider's call option holdings after the transaction: 0 Related parties' holdings after the transaction: 0 Comments: *** Name of related party trading the shares: Nancy Splidt Jacobsen, Dion B. S. Jacobsen, Elsa Splidt Jacobsen Name of primary insider: Sigmar B. Jacobsen Insider's relation to the issuer: Member of the Board Number of shares: 565 Primary insider's holdings after the transaction: 585 Primary insider's call option holdings after the transaction: 0 Related parties' holdings after the transaction: 115 Comments: Nancy Splidt Jacobsen is Sigmar B. Jacobsen´s wife, Dion B. S. Jacobsen and Elsa Splidt Jacobsen are his children. *** Name of related party trading the shares: 0 Name of primary insider: Olav Enomoto Insider's relation to the issuer: Member of the Board Number of shares: 538 Primary insider's holdings after the transaction: 538 Primary insider's call option holdings after the transaction: 0 Related parties' holdings after the transaction: 0 Comments: *** Name of related party trading the shares: 0 Name of primary insider: Eyðhild Skaalum Insider's relation to the issuer: Member of the Board Number of shares: 330 Primary insider's holdings after the transaction: 330 Primary insider's call option holdings after the transaction: 0 Related parties' holdings after the transaction: 0 Comments: *** Name of related party trading the shares: Margret Elisabeth Mortensen, Paulina Petersen, Torkil Sølvi Petersen, Ludvík Petersen Name of primary insider: Janus E. Petersen Insider's relation to the issuer: CEO Number of shares: 31746 Primary insider's holdings after the transaction: 31766 Primary insider's call option holdings after the transaction: 0 Related parties' holdings after the transaction: 290 Comments: Margret Elisabeth Mortensen is Janus E. Petersen's wife, Paulina Petersen, Torkil Sølvi Petersen and Ludvík Petersen are his children. *** Name of related party trading the shares: Name of primary insider: Súni Schwartz Jacobsen Insider's relation to the issuer: Managing Director Number of shares: 23810 Primary insider's holdings after the transaction: 23810 Primary insider's call option holdings after the transaction: 0 Related parties' holdings after the transaction: 0 Comments: