Kaupthing Bank

Kaupthing Bank Net earnings of ISK 34.1 billion (EUR 313 million) - Shareholders' net earnings for the first half of ISK 34.1 billion (ISK 45.8 billion H1 2007) - Annualised return on equity of 19.8% in the first half (32.0% H1 2007) - Core income (net interest income and net fee and commission income) up by 15.3% to ISK 73.4 billion in the first half (ISK 63.6 billion H1 2007) - Deposits increased by ISK 400 billion (EUR 2.7 billion) in the second quarter - Deposit to loan ratio up from 36% to 44% in the second quarter - Shareholders' equity increased by ISK 78.6 billion in the first half - The Capital Ratio remains strong at 11.2% and the Tier 1 ratio was 9.3% - Total assets of ISK 6,604 billion (EUR 53.1 billion) at the end of June, increasing by 23.5% in ISK but down by 9.0% in euros from the beginning of 2008 - Shareholders' net earnings for second quarter of ISK 15.4 billion (ISK 25.5 billion Q2 2007) - Annualised return on equity for second quarter of 16.1% (36.6% Q2 2007) - Cor ...

Kaupthing Bank Kaupthing Bank will publish its second quarter results for 2008 before markets open on Thursday 31 July.

Kaupthing Bank The boards of directors of Kaupthing Bank hf. ("Kaupthing") and the Reykjavik Savings Bank hf. ("SPRON") have agreed on a merger schedule, according to which Kaupthing will take over SPRON's assets and liabilities by a merger. The merger will have an insignificant impact on Kaupthing's total size on a consolidated basis.

Kaupthing Bank Kaupthing Bank hf. announces the results of the offering of structured covered bonds on 27 June 2008. Offers for a total nominal value of ISK 6.2 billion were received. Accepted offers for structured covered bonds:

Kaupthing Bank Kaupthing Bank hf. SPRON have decided to extend their negotiations on a possible merger between the two companies. Negotiations are going well and the outcome will be announced as soon as it has been reached.

Kaupthing Bank Kaupthing Bank hf. ("the Bank") has sold to Bakkabraedur Holding B.V. its right to nearly all new shares in Exista hf. ("Exista"), which the Bank was to receive for its shares in Skipti hf., according to Exista's takeover bid which the Bank accepted on 31 March 2008. The purchase price was decided in accordance with the closing price of Exista yesterday, 29 May 2008, which was ISK 10.12 per share.