Fly Play hf.

Transaction in Own Shares • Feb 25, 2008

Disclosure 255689

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

Share Purchase

Nafn/Name: FL Group hf. Dagsetning viðskipta/Date of transaction: 25. febrúar 2008/ 25 February 2008 Kaup eða sala/Buy or Sell: Kaup/Buy Tegund fjármálagernings/Type of instrument: Hlutabréf/Equities Fjöldi hluta/Number of shares: 2.015.000 Gengi/Verð pr. Hlut/Price: 9,96 Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction: 134.479.057 Dagsetning lokauppgjörs/Date of settlement: Ástæður viðskipta/Reason for transaction: Markaðsviðskipti / Investment purpose