- Date of transaction: 29.6.2007


Related party trading	
	
Name of related party trading the shares:
SJ1 ehf.

Name of primary insider:
Þór Sigfússon

Relations with the issuer:
Member of the Board

Date of transaction:
29.6.2007

Buy or Sell:
Kaup / Buy

Type of instrument:
Hlutabréf / Equities

Number of shares:
16.508.584

Price:
17

Primary insider's holdings after the transaction:
581.395

Primary insider's option holdings after the transaction:
0

Related parties holdings after the transaction:
33.017.168

Date of settlement:

	
Comments:	
Milestone ehf. sells the shares to SJ1 ehf. SJ1 ehf. is a wholly owned
subsidiary of Sjóvá-Almennar tryggingar hf., which in turn is a wholly owned
subsidiary of Milestone ehf. Þór Sigfússon is the CEO of Sjóvá-Almennar
tryggingar hf. and a member of the board of directors of Mosaic Fashions hf.
Sjóvá Almennar tryggingar hf. holds 30.000.000 shares in Mosaic Fashions hf.
according to a forward agreement.