Statement due to speculation about increased foreign ownership in Marel Food Systems

Marel Food Systems has had informal discussions with foreign parties; banks,
investment funds and larger industrial companies, about their possible
participation in Marel as shareholders. The discussions were initiated by the
foreign parties and have not reached a formal level. 

The Board of directors in Marel Food Systems has decided to investigate the
possibility of a dual listing of the company‘s shares, in either Amsterdam or
Scandinavia, in addition to the current listing on Nasdaq OMX in Iceland. The
aim of a dual listing is to increase access for foreign investors to invest in
Marel Food Systems and improve liquidity of its shares. Marel Food Systems´
largest shareholders have declared that they view their holdings in Marel Food
Systems as a long term investment.  Marel is entering into a period of
capturing synergies and increasing value creation for shareholders.