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Icelandic companies presented together with Swedish, Finnish and Danish companies on the Nordic Exchange


Icelandic companies presented together with Swedish, Finnish and Danish companies on the Nordic Exchange As of January 3, 2007, the Icelandic alternative market isec will be integrated into First North, OMXs alternative market. On the OMX main market, the 25 companies listed on the Iceland Stock Exchange will be part of the common Nordic presentation of Swedish, Finnish and Danish listed companies and the OMX Nordic index family as of April 2, 2007. Thus, the Icelandic companies will be subject to the harmonized Nordic listing requirements. The alternative market in Iceland will change its name to First North and adopt the common First North rule book as of January 3, 2007. Through First North, Icelandic growth companies gain access to one of Europes largest pool of liquidity and increased visibility among investors. Measured in number of companies, First North is Europes second largest alternative market. For companies considering going public, we believe First North presents great opportunities, said Thordur Fridjonsson, President of the Nordic Exchange in Iceland. As of April 2, 2007, the companies listed on the Iceland Stock Exchange will be part of OMX Nordic index family, covering among others All-share and Sector indexes. The All-Share index reflects the development of the Nordic market, while the sector indexes provide investors with tools to compare industries across different countries in the Nordic region. To include Icelandic companies in the OMX joint presentation of Swedish, Finnish and Danish companies, gives investors even more to choose from. By being part of OMX Nordic Exchange, Icelandic companies benefit from increased visibility and good benchmark possibilities. Furthermore, by adapting the listing requirements to the Nordic standard, we increase market harmonization, Thordur Fridjonsson concludes. OMX Nordic 40 index, based on the 40 most actively traded companies on the Nordic Exchange, is reviewed bi-annually. The next selection for the index, where Icelandic companies will be eligible for inclusion, will be effective on July 3, 2007. The names of the local Icelandic indexes will be harmonized with the OMX Nordic index name standard. As an example, ICEX-15 will be renamed OMXI15, where the I stands for Iceland and 15 for the number of companies included in the index. For more information, please contact Ulrika Areskog, OMX Nordic Exchange +46 (0)8 405 63 76 Note to editors First North offers smaller and growing companies easy access to the Nordic and global financial markets. Following the integration of Icelandic companies on January 3, 2007, First North will offer listing and trading in ISK-, SEK-, EUR- and DKK denominated shares. Companies will be able to disclose information in Icelandic, English, Swedish, Danish or Norwegian. The First North All Share index will also be available in ISK along with EUR, SEK and DKK. The companies on First North are classified according to the international Global Industry Classification Standard (GICS). The industry classification facilitates international benchmarking of the companies by providing clearly defined and larger peer groups. The two Icelandic companies HB Grandi hf and Hampiðjan hf which will be included on First North as of January 3, 2007, operate in the fishing industry. Today, 79 companies are traded on First North. About OMX | OMX is a leading expert in the exchange industry. Through the Nordic Exchange, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. The Nordic Exchange is a term used for marketing purposes and is not a legal entity. It describes the common offering from the Helsinki Stock Exchange, Copenhagen Stock Exchange, Stockholm Stock Exchange, Iceland Stock Exchange, Tallinn Stock Exchange, Riga Stock Exchange and Vilnius Stock Exchange. OMX integrated technology solutions cross the transaction chain enabling efficient securities transactions for over 60 exchange organizations in more than 50 countries. OMX is a Nordic Large Cap company in the Financials sector on the OMX Nordic Exchange. For more information, please visit PDF

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