FL GROUP hf. - Company Announcement

Candidature to the Board of Directors

The deadline to notify candidature to the Board of Directors of FL Group hf.
has expired. The following persons have notified their candidature to the Board
of FL Group hf. which will be elected at the Shareholders Meeting on December
14, 2007. 

Board Members:
Gunnar Sigurðsson, kt. 091169-3559
Hannes Smárason, kt. 251167-3389
Jón Ásgeir Jóhannesson, kt. 270168-4509
Kristín Edwald, kt. 150471-5329
Pálmi Haraldsson, kt.  220160-3789
Þórður Már Jóhannesson, kt. 080773-5529
Þorsteinn M. Jónsson, kt. 180263-3309

Alternates:
Peter Mollerup, kt. 220173-2759
Smári S. Sigurðsson, kt. 030847-3349

Further information on the candidates can be obtained at FL Group's offices at
Síðumúli 24, Reykjavik.