Eimskipafélag Íslands — Major Shareholding Notification 2012

Oct 29, 2012

Disclosure 302694

Eimskipafélag Íslands hf. - Company Announcement

Preliminary shareholders list following the results of the Book Building process

With reference to the results of the book building process, announced on 25 October 2012, following is the list of the 10 largest shareholders in Eimskip assuming that all transactions will be finalized. Investors' attention is drawn to the fact that the list is based on book building subscriptions and a shareholders list from the Icelandic Securities Depository dated 26 October 2012. The list is therefore not an official shareholders list, but a preliminary list of shareholders. There was an excess demand in subscriptions in the book building process, with investors including fund management companies, high net-worth individuals and pension funds. There is only one new investor in the book building process among the top 10 shareholders based on the preliminary list of shareholders. Name Number of shares % of issued share capital ---------------------------------------------------------------------- ---------------------------------------------------------------------- Yucaipa American Alliance Fund II, LP 30,504,030 15.3% Lífeyrissjóður verslunarmanna 29,135,070 14.6% Landsbanki Íslands hf. 24,725,099 12.4% Yucaipa American Alliance (Parallel) 20,095,970 10.0% Eimskipafélag Íslands hf. 11,918,820 6.0% A1988 hf. 8,441,950 4.2% J.P. Morgan Clearing Corporation 7,672,360 3.8% ALMC hf. 5,448,891 2.7% Horn Fjárfestingarfélag hf. 2,898,250 1.4% Íslandssjóðir hf. - Sjóður 10 2,838,967 1.4%