Reitir II - Changes board/management/auditors

Guðjón Auðunsson hired as new CEO of Reitir fasteignafélag hf.

Guðjón Auðunsson has been hired as new chief executive officer of Reitir
fasteignafélag hf. Guðjón is 47 year old with a Cand Merc (MBA) in
International Economy and Marketing from Aalborg Universitets Center in
Denmark. He has extensive professional experience. For the past nine years
Guðjón has been senior director of business services at N1, previsouly Esso Oil
Company. Prior to that he worked as the CEO of Samvinnuferðir Landsýn and Navís
Landsteinar as well as a director with Eimskip. 

Reitir fasteignafélag is the largest service company in Iceland specialising in
letting of commercial premises. The property portfolio of Reitir is diversified
and consists of over 130 properties around the country. 

Reitir II is a subsidiary of Reitir fasteignafélag.