Össur Announcement no: 22/2010 1 November 2010 At the request of Össur, the Central Bank of Iceland has today granted approval that Össur shares acquired before 1 November 2010 can be converted and transferred from the Icelandic market to the Danish market. Prior to this approval only shares acquired before 1 April 2009 could be transferred. Conversion and transfer of Össur shares from the Danish market to the Icelandic market still needs special exemption from the Central Bank of Iceland. Further information on the possibilities to convert and trade in Össur shares can be found on Össur's website: www.ossur.com/investors [HUG#1457780]