Teymi hf. - Company Announcement

Changes in the managment of EJS

Jón Viggó Gunnarsson, the CEO of EJS, a subsidiary of Teymi, has resigned from
his post. The company extends its gratitude for the services rendered to EJS
and wishes him the best for the future. 

Magnús S. Norðdahl has been appointed the new CEO of EJS. Mr. Norðdahl joins
EJS from the corporate division of Glitnir Banki, but has previously been 
managing director of corporate solutions at Nýherji and the CEO of
ACO-Tæknival.