- Date of transaction 26.10.2007


Directors Dealings		
		
Name of insider	
Viðar Þorkelsson
	
Relations with the issuer	
CFO
	
Date of transaction	
26.10.2007
	
Buy or Sell	
Sala / Sale
	
Type of instrument	
Hlutabréf / Equities
	
Number of shares	
5.000.000	

Price	
2.45 ISK
 	
Primary insider's holdings after the transaction	
411.220	

Primary insider's option holdings after the transaction	
17.500.000
	
Related parties holdings after the transaction	
30.000.000
	
Date of settlement	

	
Comments		
The CFO of 365 hf. sells his shares to a company where his ownership is 17%.
Other share holders are the CEO of 365 hf. with 53% shares and Selsund ehf.
with 30% shares.