Highlights

• The total income in the first half was ISK 100 million, while
for the same
  period last year the total loss was ISK 71 million.

• The
EBITDA in the second quarter was ISK 123 million, but for the same period
  in
2009 EBITDA was negative by ISK 109 million.

• Product sales in the domestic
market in the second quarter were up 30%
  compared with the same quarter last
year.

• Positive EBITDA has been achieved in the operations of foreign
subsidiaries,
  and the outlook in the second half is good.

• Plans call
for agreements being concluded in the near future with the
  company's
commercial banks on financial reorganization.



Thordur Sverrisson,
CEO:

"The company stayed on plan the first half, and the outlook is good for
the
second half. Foreign and domestic subsidiaries working in software
services
made good profit instead of last year's operational loss. Efforts to
lower
operating costs within the group succeeded, and performance therefore
improved.
Nýherji has progressed a long way in discussions with the banks on
reorganizing
the group's finances, which are expected to conclude in the near
future."



Further information

Thordur Sverrisson, CEO Nýherji, Tel.
+354 893 3630.



See attachment.