Due to media speculation of the taxability of shareholders in SPRON. SPRON would like to give the following statement. Few individuals could be taxable and the amounts in question are insignificant. The majority of shareholders have taken part in the increase in primary capital in recent years and SPRON has paid ISK 12.5 billion to primary capital holders/shareholders. The shareholders who are taxable are those shareholders that did not take part in the increase in the primary capital in the years 2004 - 2006. Fur further information please contact: Gudmundur Hauksson CEO of SPRON, tel: +354 5501213 Soffia Sigurgeirsdottir Head of Investor Relations, tel: + 354 1246