365 hf. - Company Announcement

Results of 365 hf.'s share purchase offer to shareholders

365 hf.‘s offer of buying shares in 365 hf. from shareholders that so request
on purchase price of 1.20 ISK expired today, 11th of July 2008, at 4 pm.
Shareholders representing 7% of the total share capital, approximately 165
shareholders , accepted the offer. Shareholders representing 93% of the total
share capital will therefore remain shareholders in 365 hf. following the
de-listing. 

Straumur Investment Bank will arrange payment to shareholders that accepted the
offer before 1st of August 2008.


Further information: 

Hildur Sverrisdóttir
Compliance Officer
tel. + 354 849-2491
hildurs@365.is