Kaupthing Bank (STO:KAUP) Kaupthing Bank hf. has, after consulting the Icelandic authorities, discussed with the Icelandic Financial Supervisory Authority Kaupthing's involvement in the reorganization of Glitnir Bank hf. Further talks will be held over the next several days.

For further information please contact Jónas Sigurgeirsson, Chief Communications Officer, tel. +354 444 -6112 or ir@kaupthing.com.

About Kaupthing Bank Kaupthing Bank is a Northern European bank offering integrated financial services to companies, institutional investors and individuals. These services include corporate and retail banking, investment banking, capital markets services, treasury services, asset management and comprehensive wealth management for private banking clients.

The Bank operates in all the Nordic countries, as well as an ever-growing number of countries throughout Europe, the Middle East and the United States. www.kaupthing.com

Kaupthing Bank

http://www.kaupthing.com

ISIN: IS0000001469

Stock Identifier: XOME.KAUP

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