Stefan Halldorsson Resigns From Position Of President Of Iceland Stock

Mr. Stefan Halldorsson, the president of ISE, has decided to leave his position in the Exchange and has been recruited elsewhere. He resumes the position of general manager for the Pension Fund of Engineers in Iceland (Lifeyrissjodur verkfraedinga) next autumn.

For the five years Mr. Halldorsson has been the president of ISE, he has with knowledge and determination shown great results. Ahead, is the important task of completing the negotiations of ISE's participation in NOREX - the Nordic Exchanges Alliance-and connecting the Icelandic securities market with an efficient international trading system. Mr. Halldorsson will put his efforts in this task until he leaves his position. The Exchange is in debt with Mr. Halldorsson for resolving his work successfully over the years, and wishes him the best of luck in the future field of work he has selected.