Results of the Voting at the Composition Meeting on 20 November 2015

At the Composition Meeting which was duly convened by a notice published in the Icelandic Law and Ministerial Gazette on 4 November 2015 and held at Silfurberg, the Harpa Conference Centre, Austurbakka 2, 101 Reykjavik, at 11.00 a.m. on 20 November 2015, the Composition Proposal which was published on 6 November 2015 was approved by Composition Creditors by the majorities set out below:

Votes by value
For: 99.999%
Against: 0.001%

Votes by number
For: 544 (99.634%)
Against: 2 (0.366%)

The meeting was attended by Composition Creditors representing 91% of claims by value.