In recent weeks SPRON has been working towards strengthening its equity position in close co-operation with the Icelandic government and foreign lenders as the bank's equity position was negatively affected by the collapse of the three largest banks in Iceland in October. In light of the uncertainty in the financial market, trading in SPRON's shares has been suspended on the OMX Nordic Exchange and will remain so for now. The continued suspension of trading in SPRON shares is in line with the wishes of SPRON's management which has requested that trading remain suspended while discussions with the Icelandic government and foreign lenders are ongoing. A conclusion to those discussions is expected to be reached before long. For further information please contact: Gudmundur Hauksson CEO, tel: +354 550 1213