Exista hf. - Managers' transactions

- Directors dealing in Exista

Trade ticker: 
EXISTA

Issuer:
Exista hf.

Date of announcement
12 December 2008

Name of related party trading the shares:
Bakkabraedur Holding B.V.

Name primary insider:
Ágúst Gudmundsson

Insider's relation with the issuer:
Águst is a member of the board of directors of Exista

Date of transaction:
11 December 2008

Type of financial instrument:
Shares

Buy or Sell:
Sell

Number of shares:
6,407,905,675

Price per share:
0.05

Primary insider's holdings after the transaction:
0

Primary insider's option holdings after the transaction:
0 

Related parties' holdings after the transaction:
50,000,000,000

Date of settlement*:
0 

Comments*:  	 	 
The transaction is a result of an enforcement procedure