Fly Play hf.

Transaction in Own Shares • Feb 20, 2008

Disclosure 255534

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

Own share purchase

Nafn/Name: FL Group hf. Dagsetning viðskipta/Date of transaction: 20. febrúar 2008/ 20 February 2008 Kaup eða sala/Buy or Sell: Kaup/Buy Tegund fjármálagernings/Type of instrument: Hlutabréf/Equities Fjöldi hluta/Number of shares: 5.000.000 Gengi/Verð pr. Hlut/Price: 10,048 Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction: 114.011.663 Dagsetning lokauppgjörs/Date of settlement: Ástæður viðskipta/Reason for transaction: Markaðsviðskipti / Investment purpose