News Mar 31, 2010

2010 IACC Conference

The 2010 IACC conference will focus on Iceland’s economy, the renewable energy industry, and the Icesave negotiations. Panelists will include Dr. Gylfi Magnusson, Ministry of Economic Affairs in Iceland; Mr. Mark Flanagan, IMF Mission Chief for Iceland; Mr. Asgeir Margeirsson, Magma Energy Iceland; Mr. Arni Magnusson, Islandsbanki; and Mr. Lee C. Buchheit, Cleary Gottlieb Steen & Hamilton LLP. The conference chair will be Mr. Olafur Johann Olafsson, Chairman of the IACC. Conference Sponsors: Islandsbanki and Magma Conference: Thursday, April 8, 2010 Scandinavia House, 58 Park Avenue at 38th Street in New York Registration and continental breakfast begins at 8:15 a.m. Conference program: 9:00 a.m. – 1:15 p.m. Please find attached the conference brochure. Conference Program 8:15 a.m. -9:50 a.m. Registration and light breakfast 9:00 a.m. – Opening Remarks Mr. Olafur Johann Olafsson, Executive Vice President, Time Warner, and Conference Chair, Chairman of IACC 9:10 a.m. -10:10 a.m. Session I: The Icelandic Economy and Outlook Dr. Gylfi Magnusson, Minister, Ministry of Economic Affairs in Iceland Mr. Mark Flanagan, Deputy Division Chief, IMF’s European Department, Mission Chief for Iceland Panel discussion with Dr. Magnusson and Mr. Flanagan. Moderator: Mr. Kjartan Olafsson, Director, Business Development, Bertelsmann Inc. 10:10 a.m. – 10:30 a.m. Networking break 10:30 a.m. -11:20 a.m. Session II: Renewable Energy: Iceland and the U.S. Mr. Ásgeir Margeirsson, CEO and President, Magma Energy Iceland Mr. Árni Magnússon, Executive Director, Sustainable Energy, Islandsbanki Panel discussion with Mr. Margeirsson and Mr. Magnusson. Moderator: Mr. Gunnar Birgisson, Senior Attorney, NextEra Energy Resources, LLC 11:20 a.m. -12:00 p.m. Session III: Icesave: Icesave Negotiations Mr. Lee C. Buchheit, Cleary Gottlieb Steen & Hamilton LLP 12:10 a.m. -1:00 p.m. Networking Luncheon IACC Corporate Sponsors: Icelandair, Össur, Century Aluminum, ALCOA, Actavis, Icelandic USA, Inc. and Eimskip