Atlantic Airways P/F - Company Announcement

- Atlantic Airways will be admitted to trading on the Main Market of OMX ICE 10 December

The equity of P/F Atlantic Airways, 1,035,000 shares each with nominal value
DKK 100, will be admitted to trading on OMX ICE Main Market this coming Monday,
10 December 2007. The shares are registered with VP Securities Services. 

According to the company's Articles of Association, Article 1, the objective of
the company is to run aviation/airline business and other businesses related
hereto. 

The company´s symbol in the trading system will be FO-AIR. 
ISIN code FO0000000062. Orderbook ID 50681.  Trading Lot 20 shares. 
Atlantic Airways will be included in the OMX Iceland Industrials Index from 11
December 2007. 

The GICS industry classification: 
  
                                     GICS code and name 
Sub-Industry:                        20302010      Airlines
Industry:                            203020        Airlines
Industry Group:                      2030          Transportation
Sector                               20            Industrials
       
The listing advisor is Kaupthing Bank hf.