2011-01-24 22:49:37 CET

2011-01-24 22:50:37 CET


REGULATED INFORMATION

Islandic English
Orkuveita Reykjavíkur - Company Announcement

New CFO at Orkuveita Reykjavikur



Mr. Ingi Johannes Erlingsson has been appointed as interim Chief Financial
Officer at Orkuveita Reykjavikur (OR - Reykjavik Energy). Mr. Erlingsson has
worked at OR for eight years, the last five as Head of Treasury and Risk
Management. 
Mr. Erlingsson is 44 years old and holds a cand. oecon degree from the
University of Iceland and a masters degree in international business (MIBS)
from the University of South Carolina. He succeeds ms. Anna Skuladottir, who
entered an agreement today terminating her tenure at OR.