Icelandic Group hf. - Quarterly report

- Presentation for shareholders and analysts will be held on November 16th

Icelandic Group will publish its interim report for the first nine months 2007
on November 16th.  A presentation for shareholders and analysts will be held on
Friday November 16th at the Group's headquarters at Borgartun 27, Reykjavík on
the 3rd floor.  Björgólfur Jóhannsson, Icelandic Group's CEO, will present the
results and answer questions.  The presentation commences at 16:30. 

The presentation will be available on Icelandic Group's website,
www.icelandic.is, and on The OMX Nordic Exchange website,
www.omxgroup.com/nordicexchange, after the meeting.