Össur hf. - Company Announcement

Ossur hf. signs a Market Making Agreement with Saga Capital

Ossur and Saga Capital Investment Bank have signed a market making
agreement where Saga Capital acts as market maker for shares issued
by Ossur. This means that Saga Capital will submit daily bid/ask
offers for shares in Ossur through Nasdaq OMX, before the market
opens each day and the offers are only valid within that day. The
purpose of the agreement is to facilitate trading and improve
liquidity in the shares of Ossur on the Nasdaq OMX and to promote
efficient and transparent price formation.
 
The terms of the market making agreement are as follows:
-    Saga Capital will submit daily bid and ask offers for shares in
Össur for a minimum of ISK 200,000 at nominal value at a price
determined by Saga Capital.
-    Maximum bid/ask spread shall not exceed 1.25 %
-    The deviation from the last transaction price shall not exceed
2.0%.
-    The maximum obligated total trades per day is ISK 150,000,000 at
market value.
 
The agreement is effective as of today, Wednesday, April 23, 2008.