SPRON releases the following statement in relation to the Financial Supervisory Authorities (FSA) ruling on SPM acquiring a share in Icebank. As a result of the FSA's ruling SPM's acquisition of a 3% share will not take effect and SPRON and Byr will remain the owners of the share. SPRON share in the sale of Icebank was 1.17%. FSA's ruling does not have a material affect on SPRON's CAD as the share was deducted from SPRON's CAD in the first quarter of 2008 and was not accounted for as a loan to SPM. SPRON has thus credited ISK 214 million. The CAD ratio changes insignificantly or by 0.01%. For further information: Valgeir M. Baldursson Finance Director valgeirmb@spron s: +354 5501200