Alfesca hf. - Company Announcement

- Request for the removal of shares in Alfesca hf. from trading

The takeover bid for Alfesca hf. by Lur Berri Iceland ehf. expired on 17 August
2009. Subsequently, shares held by shareholders to whom the offer was made but
not accepted were redeemed in accordance with applicable rules. Lur Berri
Iceland ehf. and members of the consortium now hold a combined total of 99.43%
of the Alfesca hf.'s issued share capital and control all of the company's
voting rights taking into account the own shares held in treasury by the
company amounting to 0.57% of its issued share capital. 

Following a request from Lur Berri Iceland ehf. and the consortium, the board
of directors of Alfesca hf. has today applied for the removal of the company's
shares from trading on the main market of NASDAQ OMX Iceland hf.