HS Orka hf - Financial Calendar

Estimated release of Financial Statement 2010 is in week 7

It has been decided, that in week 7, the Financial Statement of HS Orka hf. for
the year 2010 will be confirmed at a Board meeting. Directly following a copy
of the statement and a news release will be sent to NASDAQ OMX Iceland to be
published according to regulations. 


For further information please contact:


Julius J. Jonsson, CEO
HS Orka hf.
Phone: 354.860.5208
Email: julius@hs.is

Alison Thompson, Vice President, Corporate Relations
Magma Energy Corp.
Phone: 604.646.1882
Email: athompson@magmaenergycorp.com