The Board of Directors of Skipti hf. decided at its meeting today, 7 April 2008, to submit a request to have its shares removed from trading on the main market of OMX Nordic Exchange Iceland hf. (OMX ICE). The Board's main reasoning for the request is that Skipti hf. no longer meets the criteria of minimum distribution of shares according to the Listing Requirements set out by OMX ICE, since the largest shareholder, Exista hf., has secured over 94% of the share capital in the Company.