deCODE genetics Inc.

Axel Nielsen was named deCODE's Chief Operating Officer in 2007. Previously he was Chief Operating Officer of deCODE's US operations, overseeing our US chemistry and structural biology subsidiaries where he integrated these businesses into deCODE after the Medichem acquisition in 2002. Prior to that he served as our Chief Financial Officer and VP Investor Relations, playing a leading role in deCODE's IPO and establishing it in the investor community as a public company. Before joining deCODE, Mr. Nielsen held positions with Icelandair Inc. and McKinsey & Co. He holds degrees in computer science and finance from the University of Iceland and an MBA from MIT Sloan School of Management.

Jeffrey Gulcher, M.D., Ph.D. has served as our Chief Scientific Officer since October 2003. Prior to that he served as our Vice President, Research and Development. Dr. Gulcher co-founded deCODE in August 1996. Dr. Gulcher was on staff in the Department of Neurology at Beth Israel Hospital in Boston, Massachusetts and Harvard University Medical School from June 1993 to October 1998. Dr. Gulcher received his Ph.D. and M.D. from the University of Chicago in 1986 and 1990, respectively, and completed his neurology residency at the Longwood Program of the Neurology Department of the Harvard Medical School in 1996.

Lance Thibault joined deCODE in February 2001 and was named Chief Financial Officer and Treasurer in June 2001. Before joining deCODE he was a Director with the Global Capital Markets practice of PricewaterhouseCoopers in London, England. As a consultant with PricewaterhouseCoopers Mr. Thibault first began working with deCODE in 1998, advising us through our IPO in July 2000. Mr. Thibault received a B.S. in Accountancy from Bentley College in 1988 and is a CPA.

C. Augustine Kong, Ph.D., has served as Vice President of Statistics since January, 2001. Prevously he was Director of Statistics and has served as a full time consultant to deCODE since 1996. Prior to his appointment as VP Statistics, he served on the faculty of the University of Chicago. Dr. Kong received his Ph.D. in statistics from Harvard University in 1986.

Hakon Gudbjartsson, Ph.D. serves as our Vice President for Informatics. Dr. Gudbjartsson joined us to direct our Department of Informatics in 1996. He received his B.Sc. in electrical engineering in 1990 from the University of Iceland and his M.Sc. in electrical engineering and computer science from MIT in 1992. In 1996, he received his Ph.D. from the Massachusetts Institute of Technology and performed post-doctoral research concerning magnetic resonance imaging at Brigham and Women's Hospital in Boston until joining deCODE.

Duke Collier joined Genzyme 1997 after having served as an outside lawyer for the company since 1990. He is responsible for managing Genzyme’s oncology and genetics businesses, as well as its multiple sclerosis program. Before he joined Genzyme, Mr. Collier was president of Vitas Healthcare Corporation and a partner at the Washington, D.C. law firm Hogan and Hartson. He also served as deputy administrator for the Health Care Financing Administration in Baltimore, MD, during the Carter administration. Mr. Collier earned a J.D. at the University of Virginia Law School and a B.A. at Yale University.

J. Neal Armstrong has served as a director since April 2007. Since February 2005, Mr. Armstrong has served as Vice President of Aspect Medical Systems, Inc., a developer and manufacturer of an anesthesia monitoring system. He was Vice President and Chief Financial Officer of Aspect Medical Systems, Inc. from 1996 to January 2005. Mr. Armstrong is also a director of deCODE genetics, Inc. Mr. Armstrong received a Bachelor of Business Administration and Accounting from the University of Texas and is a Certified Public Accountant.

Terrance G. McGuire is a managing general partner and co-founder of Polaris Venture Partners. He also co-founded Inspire Pharmaceuticals, AIR (Advanced Inhalation Research, Inc.), and MicroCHIPS. Mr. McGuire represents Polaris as a director on the boards of Acceleron Pharma, Biolex Therapeutics, GlycoFi, Life Line Screening, MicroCHIPS, and Remon Medical Technologies. He previously served on the boards of Akamai, Cubist Pharmaceuticals, and Aspect Medical Systems, as well as the Massachusetts Biotechnology Council and MassMEDIC. Mr. McGuire holds an MBA from Harvard Business School, an MS in engineering from The Thayer School at Dartmouth College, and a B.S. in physics and economics from Hobart College.

Ms. Stattin Norinder joined the board of deCODE genetics in June 2006 and is a member of the company?s Nominating and Corporate Governance Committee. Ms. Stattin Norinder has extensive experience in the Pharmaceutical Industry and has held senior clinical development and regulatory affairs positions in Europe and the United States at Pfizer, Astra, Glaxo and Pharmacia & Upjohn. She was CEO and Chairman of UK-based Prolifix Ltd, from 1998 until the merger of Prolifix and TopoTarget in 2002. She currently serves on the boards of several biotechnology companies including Antisoma plc, Artimplant AB, Photocure ASA, Biolipox AB, and is chairman of the board of Betagenon AB.