28. december 2007 Baugur Group hf. has sold Nordicom A/S shares of nom. value DKK 678,983 to FL Group hf.. It is furthermore announced that Baugur Group hf. did not exercise its' call option to aquire 349,965 shares in Nordicom A/S, under an agreement with Vagner Holding ApS dated May 25, 2007. Baugur Group's holding in Nordicom A/S is therefore 0 %. Best regards Nordicom a/s Adm. dir. Gunnar Kristensen