Eyrir Invest ehf. - Company Announcement

Eyrir realizes profit through sale of Ossur shares

Eyrir Invest has sold 5.7 million shares in Ossur hf. at 215 ISK per share.
After the transaction Eyrir holds 62.840 thousand shares, equivalent to 13.8%
of outstanding shares in Ossur. 

Eyrir Invest realizes good profits on the sale. The sales takes Eyrir Invest´s
holding in Össur below 15% and according to accounting standards Eyrir must
therefore book its holdings in Össur at market prices  instead of the equity
method. 

Eyrir Invest´s financial position is sound. Eyrir Invest is a long term
strategic investor. Eyrir Invest's key holdings are a 32% share in Marel Food
Systems hf., 14% share in Össur hf. and 17% share in the Dutch industrial
conglomerate Stork. Eyrir has been a shareholder in Marel and Össur since 2004
and in Stork since 2006. Eyrir´s key holdings are market leaders in their
respective industries. In recent years they have built up their current strong
positions and looking forward they are in a position to harvest well.