Attached is the CEO's address from the Annual General Meeting of Bakkavör Group at the National Theatre of Iceland on 14 March 2008. Please note in slide number 22 where the company's turnover in 2012 is forecasted to amount to ISK 500 billion (50% originating from the UK, 10% Continental Europe, 20% from the USA and 20% from Asia) Further information: Asdis Petursdottir, IR Telephone: +354 858 9715