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

- Date of transaction 21 May 2008

Nafn/Name:
Icelandair Group hf.	

Dagsetning viðskipta/Date of transaction:
21.05.2008

Kaup eða sala/Buy or Sell:
Sala/Sale

Tegund fjármálagernings/Type of instrument:
Kaupréttarsamningur/Call Option			

Fjöldi hluta/Number of shares:
10,000,000	

Gengi/Verð pr. Hlut/Price:
26

Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction:
19.200.000

Dagsetning lokauppgjörs/Date of settlement:
20.05.2011

Ástæður viðskipta/Reason for transaction:

Kaupréttarsamningur við forstjóra félagsins. 

Call Option agreement with the CEO of the Company.