In light of financial turbulence on the Icelandic market I would simply like to emphasize the following:

• All cash equivalents by the LS Retail are secure
• The company’s liquidity is outstanding
• The company is in profit and still expanding
• The overwhelming share of the company’s income is in foreign currency and therefore not affected by negative currency fluctuations of the ISK
• No change of ownership
• Keep up the good work!

Sincerely,

__________________________________

Gunnar Björn Gunnarsson

CEO