Fly Play hf.

Major Shareholding Notification • Jan 9, 2008

Disclosure 251649

FL GROUP hf. - Flöggun

09.01.2008 Gnúpur

Nafn tilkynningarskylds aðila/Name of party notifying Gnúpur fjárfestingafélag hf. Heimilisfang/Address of the party notifying Laugavegi 182, 105 Reykjavík Dagsetning viðskipta/Date of transaction 9. janúar 2008 Fjöldi hluta í viðskiptum/Number of shares in transaction 826.446.281 Atkvæðisréttur eftir viðskipti/Voting right after the transaction 2,46% Fjöldi hluta fyrir viðskipti/Number of shares before the transaction 1.160.404.697 Fjöldi hluta eftir viðskipti/Number of shares after the transaction 334.228.416 Hlutfall af heildarhlutafé fyrir viðskipti %/Holdings of total nominal value before the transaction % 8,54% Hlutfall af heildarhlutafé eftir viðskipti %/Holdings of total nominal value after the transaction % 2,46% Aðrar upplýsingar/Additional informations: Hluthafar Gnúps eru eftirtaldir: - Fjárfestingafélagið Brekka í eigu Þórðar Más Jóhannessonar 5,6% - Félög í eigu Magnúsar Kristinssonar (Smáey, Suðurey): samtals: 47,2% - Félög í eigu Kristinns Björnssonar og fjölskyldu (Eignarhaldsfélagið SKE-II, Eignarhaldsfélagið SK-II) samtals: 47,2% Athugasemd: Í flöggunartilkynningu Gnúps þann 21.12.2007 var hlutafjáreign félagsins í FL Group vantalin um 29.239.109 að nafnverði eða sem samsvarar 0,22% af heildarhlutafé í FL Group. Gnupur's shareholders are: Brekka Investment Company (held by Thordur Mar Johannesson): 5.6% - Companies controlled and owned by Magnus Kristinsson (Smáey, Suðurey) Total: 47.2%, - Companies controlled and owned by Kristinn Björnsson & family (Eignarhaldsfélagið SKE-II and Eignarhaldsfélagið SK-II) Total: 47.2% Attention: In the Gnupur‘s Major Shareholder Announcement on December 21, 2007, the shareholdings of Gnupur in FL Group was wrongly stated, whereas Gnupur held 29,239,109 more shares than announced, equalling 0.22% of the total shares in FL Group.