Icelandair Group hf. - Changes in company's own shares

- Date of transaction: 30.6.2008

Nafn/Name:
Icelandair Group hf.		

Dagsetning viðskipta/Date of transaction:
30.06.08

Kaup eða sala/Buy or Sell:
Kaup/Buy

Tegund fjármálagernings/Type of instrument:
Hlutabréf/Equities	

Fjöldi hluta/Number of shares:
5.650.000

Gengi/Verð pr. Hlut/Price:
17

Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction:
24.850.000

Dagsetning lokauppgjörs/Date of settlement:
30.06.08

Ástæður viðskipta/Reason for transaction: