Ossur Hf : Board's Allocation of Responsibilities

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                                           Announcement from Össur hf.No:15/2012
                                                        Reykjavik, 16 March 2012



At a Board meeting following the Annual General Meeting, held today, 16 March
2012, the Board elected Mr. Niels Jacobsen as Chairman and Dr. Kristján Tómas
Ragnarsson as Vice Chairman.


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