Eyrir Invest ehf. - Notice to convene extr.general meeting

Proposal for an amendment on Eyrir Invest ehf.‘s articles of association will be put forward on the Company‘s annual general meeting to be held on 21 April 2010

Eyrir Invest ehf.'s board of directors proposes that the current 3rd, 4th and
5th paragraphs of article 5 of the company's articles of association be removed
and replaced by a new paragraph which will be 3rd paragraph of article 5 and be
as follows: 

The Company's Board of Directors is authorized to increase the Company's share
capital by up to 201,536,244 shares by issuing new shares. The Board of
Directors is authorized to determine more specifically how this increase will
be executed, with reference to participants, price and terms of payment. The
shareholders waive their pre-emptive rights to the new shares in accordance
with Article 24 in the Icelandic Act No. 138/1994, on Private Limited
Companies. The Board of Directors may authorise individual shareholders in each
instance to subscribe for the new shares in part or in whole. The new shares
shall belong to the same class and carry the same rights as other shares in the
Company. This authorisation shall be effective for eighteen months, to the
extent that it has not been exercised before that date.