365 hf. - Company Announcement

Offer to purchase shares re-opened until 4 pm Wednesday 23rd of July 2008

Offer to purchase shares in 365 hf. from sharesholders that so choose on a
purchase price of 1,20 ISK is re-opnend and valid until 4 pm on 23rd of July
2008. 

All inquiries regarding the offer will be given by:  
Hildur Sverrisdóttir, compliance officer of 365 hf., tel: +354-512-5000,
hildurs@365.is.