The time limit to submit bids for the government shares in Íslenskir aðalverktakar hf. hjas expired

3/21/03

21 March 2003


Press Release


The time limit to submit bids for the government shares in Íslenskir aðalverktakar hf. ( Iceland Prime contractor), at a nominal value of 558.040.000 IKR or 39,86% of total shares, expired at 16:00 p.m. In accordance with the terms of the sale procedure the names of bidders are disclosed. The following bidders delivered tenders:

- Jarðboranir hf.
- JB Byggingafélag ehf. og Trésmiðja Snorra Hjaltasonar ehf.
- Joco ehf.
- Eignarhaldsfélagið AV ehf.

Reykjavík, 21 March 2003

The Executive Committee on Privatisation