365 hf. - Major shareholder announcements

- Date of transaction 2.11.2007

Name of party notifying	
Milestone ehf.

Address of the party notifing	
Suðurlandsbraut 12

Date of transaction	
2.11.2007

Number of shares in transaction	
514.680.259

Number of shares before the transaction	
514.680.259

Number of shares after the transaction	
0

Holdings of total nominal value before the transaction %	
15,01%

Holdings of total nominal value after the transaction %	
0,00%

Notification is based on	
Art. 33 (1) of the Act no. 33/2003 point(s) no.1. 3. 
	
	

Additional information	
Milestone ehf. is owned by Karl Wernersson and Steingrímur Wernersson. Sjóvá
almennar tryggingar is a subsidiary of Milestone ehf. Karl Wernersson is a
Member of the board Milestone ehf. and Sjóvá Almennar tryggingar hf.