Moody's upgrades Glitnir's credit rating to Aaa

| Source: Glitnir banki hf. Glitnir banki hf. 

Moody's upgrades Glitnir's credit rating to Aaa; Affirms P-1 rating and financial strength
 
Moody's Investors Service upgraded Glitnir Bank's credit rating and all Icelandic banks on Friday to Aaa due to changes in JDA Methodology. This is the highest possible rating. Moody's affirmed the P-1 credit rating of Glitnir and the financial strength, C.  
 
Moody's press release and rating changes for Iceland are attached.

Attachments

Moody s changes.pdf