The Board of Directors of Eignarhaldsfelagid Verdbrefathing hf., which owns and operates the Iceland Stock Exchange (ICEX) and the Icelandic Securities Depository (ISD), has approved the company?s interim financial statement for the six months ending 30 June 2005. The interim financial statements of Eignarhaldsfelagid Verdbrefathing hf. have been compiled in accordance with the International Financial Reporting Standards (IAS/IFRS). The principal changes in the interim financial statements from the company's last consolidated financial statements, which were compiled in accordance with Icelandic accounting practices, concern the presentation of the accounts, while the changes to the accounting practices have a negligible impact on the company?s operating performance. Further information on the impact of adopting IFRS on the Group's financial position is given in Note 10 to the company's interim financial statements.
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