The Board of Directors of Marel Food Systems hf. decided on its meeting on 23 September 2009 to utilise authorization in the Company's Articles of Associations, article 15.2, to increase its share capital by issuing new shares for nominal amount of ISK 9,131,725. The share increase was conditional upon a proposed acquisition by funds controlled by Columbia Wanger Asset Management, L.P. of 5.2% share capital in Marel being executed, which has now been satisfied. Total issued share capital after the increase is ISK 616,000,000. According to article 15.2. shareholders have fully waived their pre-emptive rights to share increase under this article.