Eignarhaldsfélagið Farice ehf. - Company Announcement

Financial restructuring of Eignarhaldsfélagið Farice ehf. and its subsidiary Farice hf.

In accordance with previous wishes of the creditors of Eignarhaldsfélagið
Farice ehf. and its subsidiary, Farice hf., the agreement which has been in
place between the companies and their creditors has been extended until next 30
June.