It is hereby notified that 30 December 2006 a
shareholders’ meeting was held in Jarðboranir which approved the split which
was described in the notification 27 November 2006. That same day Atorka
Group’s board of directors approved a merger proposal on the takeover of the holding
company which assumes the bond issues at Jarðboranir’s split.
The transactions described in the notification 27
November 2006 have thus been concluded.
For further information contact:
Magnús Jónsson, Atorka’s CEO, tel. +354 840-6240
Bent Einarsson, Jarðboranir’s CEO, tel. +354 858-5210