Exista hf. - Major shareholder announcements

- Flagging 2 June 2008

Due to an increase in the share capital of Exista in relation to Exista's
purchase of shares in Skipti, the shareholding of Castel (Luxembourg) S.A.R.L.
goes below 5% of share capital in Exista, to 4.09%. Please find further
information in the attached document.

Attachments:

flagging exista - castel.pdf