Name of related party trading the shares

Hagar hf.

Name of primary insider

BG Capital ehf. (Baugur Group hf.)

Relations with the issuer

Shareholder

Date of transaction

2.3.2007

Buy or Sell

Kaup / Buy

Type of instrument

Hlutabréf / Equities

Number of shares

72.524.710

Price

ISK 29,50

Primary insider's holdings after the transaction

1.553.281.023

Primary insider's option holdings after the transaction

0

Related parties holdings after the transaction

187.220.706

Date of settlement

Comments

Baugur Group holds 71% of the share capital of Hagar. Baugur Group holds shares in FL Group through Baugur Group and BG Capital. The companies' total shareholding in FL Group is 1,553,281,023 shares which is19.55% of FL Group's share capital. Financially related parties holding shares in FL Group are Skarphedinn Berg Steinarsson, Fjarfestingafelagid Gaumur ehf., Eignarhaldsfelagid ISP ehf., Hreinn Loftsson, Hagar hf. and 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 and Board Member of Hagar is a Board Member of FL Group.