Fly Play hf.

Transaction in Own Shares • Mar 14, 2008

Disclosure 256621

FL GROUP hf. - Changes in company's own shares

Share Purchase

Nafn/Name: FL Group hf. Dagsetning viðskipta/Date of transaction: 14. mars 2008/ 14 March 2008 Kaup eða sala/Buy or Sell: Kaup/Buy Tegund fjármálagernings/Type of instrument: Hlutabréf/Equities Fjöldi hluta/Number of shares: 9,946,216 Gengi/Verð pr. Hlut/Price: 8.48 Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction: 163,163,273 Dagsetning lokauppgjörs/Date of settlement: Ástæður viðskipta/Reason for transaction: Markaðsviðskipti / Investment purpose