2008-04-03 17:30:37 CEST

2008-04-03 17:31:38 CEST


BIRTINGARSKYLDAR UPPLÝSNINGAR

Teymi hf. - Company Announcement

- De-merger of Kögun


In order to simplify the structure of the Teymi Group, the Board of Directors
of Teymi hf. and Kögun ehf. have decided to propose the de-merger of Kögun ehf.
Following the de-merger all shares in Skýrr ehf., EJS ehf. and Eskill ehf. will
be transferred to Teymi hf.