Published: 2012-10-22 23:14:46 CEST
Eimskipafélag Íslands hf.
Prospectus/Announcement of Prospectus

Prospectus/Announcement of Prospectus dated 22 October 2012

Disclaimer in relation to publishing of a prospectus dated 22 October 2012

The Prospectus dated 22 October 2012, the offering of shares in Eimskipafélag Íslands hf. ( “Eimskip” or the “Company”) and the proposed admission to trading of the total share capital of Eimskipafélag Ísland hf. (the ”Shares”) on the Main Market at NASDAQ OMX Iceland hf. is in accordance with Icelandic laws, including act no. 108/2007 on securities transactions and directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003, which has been implemented into Icelandic law. The Prospectus has been scrutinized and approved by the Financial Supervisory Authority, Iceland. The Prospectus consists of three separate documents, a Summary, a Securities Note and a Registration Document, all dated 22 October 2012. The Prospectus is issued in English, both electronically and in paper format. An Icelandic translation of the Summary has been prepared, but should there be any differences between the Icelandic translation of the Summary and the authentic English text, the English text prevails.

The offering of shares takes place in two separate phases (jointly referred to as the “Offering”). In the period from 23 October to 25 October 2012 a non-public book building subscription period will take place where a limited number of investors, selected by the Corporate Finance Departments of Straumur fjárfestingabanki hf. (“Straumur”), Íslandsbanki hf. (“ISB”) (jointly referred to as the “Listing Advisors”), and the Company, have been invited to subscribe for shares (the “Book Building”). Following the Book Building, in the period from 30 October to 2 November 2012, a public offering in accordance with article 43 of act no. 108/2007 on securities transactions (the “Public Offering”) will take place.

Bidders in the Public Offering are investors that are authorized to participate in the Public Offering according to the terms of the Prospectus, i.e. investors who have an Icelandic ID No. and are legally competent according to act no. 71/1997 on legal competence.

The Shares in the Public Offering are solely offered for sale in Iceland and are not offered for sale within any jurisdictions where such an offer would require additional registration measures to the Prospectus issued in connection with the Offering. In some jurisdictions laws and regulations may restrict distribution of the Prospectus. Therefore the Company demands that all recipients of the Prospectus familiarize themselves with and act in accordance to such laws and regulations or other restrictions. Neither Eimskip, Straumur nor ISB assume any liability for distribution of the Prospectus by any third parties in any jurisdiction. The Prospectus must not be sent or distributed in any way to or within the USA, the UK, Australia, Canada or Japan.

The Prospectus should by no means be viewed or construed as a promise by the Company, Straumur, ISB or other parties, of future success in operations or as a return on investment. Investors are encouraged to familiarize themselves with information in the Prospectus as a whole.

This disclaimer is made in accordance with paragraph 2, article 29 of Commission Regulation (EC) No. 809/2004.

2012 10 22 - EIMSKIP PROSPECTUS.pdf
2012 10 22 - EIMSKIP SAMANTEKT.pdf