Insiders' dealing

Bakkavör Group Related party trading

Name of related party trading the shares Exista B.V
Name of primary insider Exista ehf.
Relations with the issuer Holdings
Date of transaction 11.5.2006
Buy or Sell Kaup / Buy
Type of instrument Hlutabréf / Equities
Number of shares 52.083.333
Price 48
Primary insider's holdings after the transaction
Primary insider's option holdings after the transaction
Related parties holdings after the transaction 522.608.287
Date of settlement
Comments
Exista ehf. is a primary insider in Bakkavör Group hf. by virtue of the Exista B.V. holdings. Exista B.V. is 100% owned by Exista ehf. The board of directors of Exista ehf. include Lydur Gudmundsson and Agust Gudmundsson who, by virtue of the positions in Bakkavör Group hf., are primary insiders in Bakkavör Group hf. The CEOs of Exista ehf., Erlendur Hjaltason and Sigurdur Valtysson, are also primary insiders in Bakkavör Group hf. Following the transaction Exista B.V. owns a total of 25.45% of the total share capital in Bakkavör Group hf.

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