- Date of Transaction: 29 May 2007


Directors Dealings.

Name of insider:
William Fall

Relations with the issuer:
CEO

Date of transaction:
29.5.2007

Buy or Sell:
Kaup / Buy

Type of instrument:
Kaupréttur / Call option

Number of shares:
103.591.450

Price:
20,43

Primary insider's holdings after the transaction:
0

Primary insider's option holdings after the transaction:
103.591.450

Related parties holdings after the transaction:
0

Date of settlement:
29.5.2011

Comments:	
Mr. William Fall and Straumur - Burdaras Investment Bank hf. (STRB) have
entered into an agreement concerning the option to purchase shares in STRB a
maximum of 103.591.450 shares. The call-option agreement has a duration of four
years and accrues to Mr. Fall as follows; 20% on the 29.05.2008, 20% on the
29.05.2009, 30% on the 29.05.20010 and the remainder of the shares on the
29.05.2011. The exercise price shall be adjusted for dividend payments.