Nýherji hf. - prospectus published

Nýherji hf. - prospectus published

Nýherji hf. has published a prospectus for the purpose of admission of 92,000,001 new shares to trading on the Main Market of NASDAQ OMX Iceland hf. where all of the company‘s previously issued shares are admitted.

The prospectus is dated 17 December 2010 and published in English on the company‘s website, www.nyherji.is, along with the website of The Financial Supervisory Authority - Iceland and in the stock exchange‘s news system. The prospectus is only published in electronic form and will be available at the aforementioned places for at least the next twelve months.

The new shares are expected to be issued 20 December 2010, and admitted to trading on Wednesday 22 December 2010, but the stock exchange will make the first trading day public with one day notice.

The issue of the new shares increases the total number of shares in Nýherji hf. from 307,999,999 to 400,000,000. The company‘s shares are issued electronically at the Icelandic Securities Depository (Verðbréfaskráning Íslands hf.), each share is ISK 1 nominal value, all shares are of same class and have the same rights. The shares‘ ticker symbol is NYHR in the stock exchange‘s systems and the ISIN-number is IS0000000396.

Arion Bank hf. - Corporate Advisory is acting as a Manager for the purpose of admission of the new shares to trading.