- Acceptance of offer in Skipti shares


Trade ticker: 
EXISTA

Issuer:
Exista hf.

Date of announcement:
3 April 2008

Name of related party trading the shares: 
Ragnar Þórir Guðgeirsson 

Name primary insider:
Hildur Árnadóttir

Insider's relation with the issuer:
Board Member

Date of transaction:
3 April 2008

Time of transaction:
5:00pm

Type of financial instrument:
Equities

Buy or Sell:
Buy

Number of shares:
75,175

Price per share:
6.64

Primary insider's holdingsafter the transaction: 
0

Primary insider's option holdings after the transaction: 
0

Related parties' holdings after the transaction: 
2,400,757

Date of settlement*:
Within five business days from the closing of the offer period of Exista's
takeover bid for Skipti 26 May 2008. 

Comments*:  	 	 
Related party accepted Exista's takeover bid for his shares in Skipti and he
will in exchange receive the abovementioned amount of shares in Exista.