Icelandair Group hf. - Company Announcement

Icelandair Group sells all its shares in Travel Service

Icelandair Group has sold all its shares in the Czech airline Travel Service.
The stake is acquired by other shareholders in Travel Service. The sale has no
effect on the profit/loss statement of Icelandair Group. 

For further information please contact:

Bogi Nils Bogason, CFO Icelandair Group,
bogi@icelandairgroup.is, tel: + 354-665-8801