Change to Management Board


Jon Hallur Petursson Managing Director of SPRON Asset Management has decided to
resign from his position as Managing Director as of 1 December.  Björg
Kristinsdóttir, has been appointed Managing Director of SPRON Asset Management.
Björg has been Head of Asset Management since  2004  and previously she worked
in the financial department of Coca Cola in Poland, Anvanse Forvaltning in Oslo
and before that Bjorg worked for Kaupthing for 9 years.  Bjorg graduated with a
MSc degree in Financial Economics from the Norwegian School of Management in
1997. 

For further information please contact Jona Ann Petursdottir Head of Public
Relations tel: +354 550 1771.