Icelandic Salmon AS

Board/Management Information • Feb 27, 2008

Disclosure 255786

Icelandic Group hf. - Company Announcement

- New Managing Director of Pickenpack Gelmer

Allan Jensen was appointed as Managing Director of Pickenpack Gelmer in February 2008. Allan Jensen is responsible for production and Torsten Krüger is responsible for administration. Finnbogi Baldvinsson is leading the board of Pickenpack Gelmer in the position as the President of the Company. Prior to his employment at Pickenpack Gelmer Allan Jensen held the position as factory manager of a prawn factory in Greenland since 2004. He graduated with a diploma in management from Copenhagen West Business College in Denmark in 2004. For further information: Finnbogi A. Baldvinsson CEO of Icelandic Group tel: +49 1723 198 727 About Icelandic Group: Icelandic Group (OMX Nordic Exchange: IG) consists of an international network of production and marketing companies selling seafood products on global markets. In several markets the company enjoys the prominent position of its brand, ICELANDIC, especially within the food service sector. The company is also a major supplier to the retail sector through its branded or private label production. The Group employs approximately 4,600 people. The personnel include renowned experts in the fields of fishing and primary processing, product innovation and value-added processing, and in the worldwide marketing of seafood products.