Icelandic Group hf.
– Issue of convertible loans
Icelandic Group hf. / News Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Icelandic Group hf. has issued convertible loans from its shareholders in accordance with its AGM resolution on 18 April 2008, as adopted in clause 15.1 in the company's articles of association. The total loan amount is ISK 4,659,650,000 and the loans are due in four years. For further information please contact: Finnbogi A. Baldvinsson, CEO + 49 1723 198 727 News Source: NASDAQ OMX 21.05.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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