- Market making temporarily ceased


Kaupthing Bank hf. has today notified Mosaic Fashions hf. that Kaupthing Bank's
market making in Mosaic Fashion's shares will be temporarily ceased, as of
today and until further notice, due to the possible takeover of Mosaic Fashions
hf. 

For further information on this announcement please contact the company's
Investor Relations Manager, Jessica Wilks on +44 20 7452 1122 or Gavin Anderson
(Fergus Wylie/Clotilde Gros +44 207 554 1400) 


Information on Mosaic Fashions hf is available on the company website at 
www.mosaic-fashions.is or www.mosaic-fashions.co.uk


Mosaic Fashions hf is the parent company of eight successful design led fashion
brands; Coast, Karen Millen, Oasis, Odille, Principles, Shoe Studio, Warehouse
and Whistles. It operates 1853 stores and concessions, mainly in the UK and
Ireland, but also in the rest of Europe and the USA. It has 172 franchise
stores in 26 countries worldwide, and 52 department store concessions in China
through a joint venture. The group employs over 13,000 employees. The company
is listed on OMX.