Name of insider

BG Capital ehf.

Relations with the issuer

Shareholder

Date of transaction

2.3.2007

Buy or Sell

Kaup / Buy

Type of instrument

Hlutabréf / Equities

Number of shares

111.346.178

Price

29,5 ISK

Primary insider's holdings after the transaction

1.402.314.111

Primary insider's option holdings after the transaction

0

Related parties holdings after the transaction

338.187.618

Date of settlement

Comments

Baugur Group hf. is the sole shareholder of BG Capital ehf. Baugur Group holds shares in FL Group through Baugur Group and BG Capital. The companies hold 1,553,281,023 shares which is 19.55% of FL Groups' share capital.Financially related parties holding shares in FL Group are Baugur Group hf., Skarphedinn Berg Steinarsson, Fjarfestingafelagid Gaumur ehf., Eignarhaldsfelagid ISP ehf., Hreinn Loftsson, Hagar hf. og Fasteignafelagid Stodir hf.   Skarphedinn Berg Steinarsson, managing director of Baugur Group and Board member of Fasteignafelagid Stodir is Chairman of the Board of FL Group. Jon Asgeir Johannesson CEO of Baugur Group is a board member of FL Group.