Alfesca hf. - Tender offer

- Correction: - Takeover bid to shareholders of Alfesca hf.

In a public offer document and an announcement on offer, both dated 25 June
2009, the combined shareholding of the Consortium was overstated by 2,100,000
shares or 0.04% of the issued share capital of Alfesca hf. and voting rights. 

The total shareholding of the parties forming the Consortium for the control
and operation of Alfesca hf. is 4,014,536,951 shares on 25 June 2009, or 68.30%
of issued shares in Alfesca hf. and 68.69% of voting rights (and not
4,016,636,951 shares or 68.34% of issued share capital and 68.73% of voting
rights as wrongly stated in the announcement and the offer document (chapters I
and III)). 

Those managers of Alfesca and financially related parties who are members of
the Consortium own a total of 117,440,629 shares or 2.00% of issued share
capital in Alfesca hf. and 2.01% of voting rights (and not 119,540,629 shares,
or 2.03% of issued share capital and 2.05% of voting rights as wrongly stated
in the offer document (chapter III)). One of the managers, Philippe Darthenucq
and financially related parties own 7,773,496 shares or 0.13% of the issued
share capital in Alfesca hf. and voting rights (and not 9,873,496 shares or
0.17% of issued share capital and voting rights as wrongly stated in the offer
document (chapter III)). 

Otherwise this correction has no effect on the information contained in the
public offer document or the announcement on offer. The correction has no
effect on the acceptance form or the payment guarantee published along with the
offer document.