Marel hf. - Total number of voting rights and capital

Correction: Published 2011-03-01 14:08:27 - Increase in share capital of Marel hf.

Correction: Date of increasing share capital.

In accordance with Article 84 of the Act on Securities Transactions No
108/2007, Marel hf. announces that the Company increased its share capital by
ISK 5,277,750 in February 2011. Increase of shares was to fulfill stock options
agreements with employees, which has been fully executed. 

Shares in Marel hf. are now 735,568,997 of nominal value. Each share carries
one vote. Votes in the Company are therefore 735,568,997. The Company does not
own any treasury shares (own shares).