Skipti hf. - Changes board/management/auditors

New CEO at Skipti

Kristín Gudmundsdóttir has been appointed CEO of Skipti hf. She has worked as
the company's CFO over the last eight years, during which time she has also
served as deputy CEO. She will take over her new post as of today. Kristín will
work closely with the company's board of directors and owners on preparing a
future strategy for Skipti which takes account of the profound changes in the
operating environment of the company and other Icelandic companies. Also, Óskar
Hauksson has been appointed Chief Financial Officer as of the same time.