Iceland Stock Exchange Did Not Open For Trading Today Due To A Failure In CANTAT3

ICEX will not open for trading today due to a failure in the CANTAT3 fiber cable. Efforts by Landssimi Islands hf (Iceland Telecom, listed company, symbol SIMI) to establish a satellite link through which telecommuncations traffic between Iceland and the rest of the world can be re-routed have so far been unsuccessful. These efforts are expected to succeed soon. Therefore, ICEX expects regular trading hours tomorrow.