Name of insider

Bent S. Einarsson

Relations with the issuer

Managing Director

Date of transaction

16.1.2006

Buy or Sell

Sala / Sale

Type of instrument

Hlutabréf / Equities

Number of shares

3.263.737

Price

25

Primary insider's holdings after the transaction

0

Primary insider's option holdings after the transaction

0

Related parties holdings after the transaction

0

Date of settlement

Comments

This transaction was based upon a takeover offer from Atorka Group hf to all shareholders in Jardboranir hf, according to an Offer Summary dated 9 December, 2005. Shareholders who accept the Offer will be paid for by shares in Atorka Group hf.  The exchange of share certificates will take place in the period 17 - 23 January, 2006.