Marel hf. - Notice to convene extr.general meeting

Marel Annual General Meeting, March 2 2011 - Candidates for the Board of Directors

Below are candidates for the Board of Directors of Marel hf. at the Annual
General Meeting, to be held at the Company's headquarters at Austurhraun 9,
Gardabaer, Iceland, on Wednesday, 2 March 2011, at 16:00: 

Arnar Thor Masson, Reykjavik, Iceland

Arni Oddur Thordarson, Reykjavik, Iceland

Asthildur Margret Otharsdottir, Reykjavik, Iceland

Fridrik Johannsson, Reykjavik, Iceland

Helgi Magnusson, Seltjarnarnes, Iceland

Margret Jonsdottir, Seltjarnarnes, Iceland

Theo Bruinsma, Oss, The Netherlands

Smari Runar Thorvaldsson, Hafnarfjordur, Iceland

Further information about these candidates is available on the Information Page
for the Annual General Meeting 2011 on the Company´s website:
http://www.marel.com/agm. 

The deadline for declaring candidature has now passed. According to the current
Articles of Association of the Company, the Board of Directors shall be
comprised of 7-9 members. Should the Annual General Meeting agree with the
proposal of the Company's Board of Directors, to elect eight Directors to serve
on the Board of Directors for the coming operational year, the above candidates
would be elected to the Board without ballot at the meeting.