Marel hf. - Company Announcement

Conditions to Marel hf. offer to repurchase bonds fulfilled

On 1 November 2010, Marel hf. announced that it would make a conditional offer
(the “Offer”) to repurchase bonds issued by the company and listed on NASDAQ
OMX Iceland under the name MARL 06 1. Conditions to the Offer have now been met
and settlement of the Offer will occur in three business days, on 30 November
2010. 


For further information, please contact:
Jon Ingi Herbertsson, Investor relations, Marel, jon.herbertsson@marel.com,
tel: (+354) 563-8451