Icelandair Group hf. - Managers' transactions

CORRECTION: Date of Transaction 28 December 2010

CORR: date of transaction has been changed from 06.01.2011 to 28.12.2010

Nafn/Name

Icelandair Group



Dagsetning viðskipta/Date of transaction:

28.12.2010

Kaup eða sala/Buy or Sell:

Kaup



Tegund fjármálagernings/Type of instrument:

Hlutabref/equities

Fjöldi hluta/Number of shares:

5.161.771



Gengi/Verð pr. Hlut/Price:

2,5

Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction:

30.621.771 kr.



Dagsetning lokauppgjörs/Date of settlement:

Ástæður viðskipta/Reason for transaction:

Hlutafjárútboð/share offering

Attachments:

IcelandairGroup.pdf