Name of related party trading the shares

Ránarborg hf.

Name of primary insider

Þorsteinn Vilhelmsson

Relations with the issuer

Board Member

Date of transaction

17.1.2006

Buy or Sell

Sala / Sale

Type of instrument

Hlutabréf / Equities

Number of shares

225.000

Price

ISK 25

Primary insider's holdings after the transaction

0

Primary insider's option holdings after the transaction

0

Related parties holdings after the transaction

Comments

The principal owner and chairman of Ránarborg ehf. is Þorsteinn Vilhelmsson. 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.