Fly Play hf.

Transaction in Own Shares • Feb 28, 2008

Disclosure 255891

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

- Share Purchase

Nafn/Name: FL Group hf. Dagsetning viðskipta/Date of transaction: 28. febrúar 2008/ 28 February 2008 Kaup eða sala/Buy or Sell: Kaup/Buy Tegund fjármálagernings/Type of instrument: Hlutabréf/Equities Fjöldi hluta/Number of shares: 8.130.000 Gengi/Verð pr. Hlut/Price: 9,54 Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction: 153.217.057 Dagsetning lokauppgjörs/Date of settlement: Ástæður viðskipta/Reason for transaction: Markaðsviðskipti / Investment purpose