Kristjan Hardarson resigns from his position as a Director of Product Development at SPRON, as of 1 of November. Mr Hardarson has worked for SPRON since 2001. He will assume a similiar position at Valitor as the Managing Director of Product development and Communication of the company. For further information please contact: Gudmundur Hauksson, CEO of SPRON, tel: + 354 550 1213 Soffia Sigurgeirsdottir, Head of Investor Relations, tel: + 354 550 1246