Norvest ehf., a company which is financially related to Brynja Halldórsdóttir, a member of the Board of Directors of Kaupthing Bank hf., has today, 26 February 2007, purchased 1,000,000 shares in the Bank at a price of 1,025 ISK per share. Furthermore, Norvest ehf., has today extended a forward contract dated November 23, 2006, on the purchase of 1,300,000 shares in the Bank, cf. a notice published on November 23, 2006. The price in the transaction is 111.75 SEK plus interest and cost. The maturity date of the contract is now August 27, 2007. Brynja Halldórsdóttir owns 9,206 shares in the bank. Parties financially related to Brynja Halldórsdóttir own a total of 14,112,048 shares in the Bank following the transaction. Furthermore parties financially related to Brynja Halldórsdóttir own 4,817,500 shares in the Bank according to forward contracts.