Alfesca hf. - Changes in company's own shares

- Date of transaction 19 September 2008

Nafn/Name:
Alfesca hf.

Dagsetning viðskipta/Date of transaction:
19.09.2008

Kaup eða sala/Buy or Sell:
Sala/sell

Tegund fjármálagernings/Type of instrument:
Hlutabréf/Equities

Fjöldi hluta/Number of shares:
5.000.000,-

Gengi/Verð pr. Hlut/Price:
3,91

Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction:
33.623.866,-

Dagsetning lokauppgjörs/Date of settlement:
0 

Ástæður viðskipta/Reason for transaction:
Hlutirnir eru eigin hlutir félagsins sem framseldir eru til stjórnenda
félagsins í samræmi við hlutafjártengt hvatakerfi sem tilkynnt var um þann 3.
júní 2005. 

The shares are own shares of the Company transfered to managers of the company
pursuant to the equity incentive scheme announced by the Company on 3 June
2005.