Correction: The number of shares to parties related to Karl Wernersson and Guðmundur Ólason have been corrected and the number of shares of parties related to them have been increased accordingly. Payment of dividends of up to a 50% in the form of shares in Glitnir banki hf., of the value of 24,8, in accordance with a decision of the shareholders meeting of Glitnir banki hf., on the 20st of February 2007. Issuer Glitnir banki hf. Trade Ticker GLB Date of Transaction 12.3.2007 Kind of Transaction Buy Price pr. share 24.8 Name of permanent insider Jón Sigurðsson Relations with the issuer Member of the Board Number of shares to the permanent insider 0 Number of shares to related parties: Fl Group hf. 5,044,389, FL GLB Holding B.V. 25,614,919 and FL Group Holding Netherlands 19,316,207. 49,975,515 Permanent insider's share holdings 0 Call options granted 0 Related parties' share holdings 4,749,975,515 Name of permanent insider Karl Wernersson Relations with the issuer Member of the Board Number of shares to the permanent insider 172,159 Number of shares to related parties: Milestone ehf. 5,565,612, Þáttur eignarhaldsfélag ehf. 10,542,281, Þáttur International ehf. 17,460,941, SJ1 ehf. 2,265,778, Sjóvá almennar líftrygg. hf. 572,636 og Sjóvá almennar tryggingar hf. 2,814,315. 39,393,721 Permanent insider's share holdings 13,110,187 Call options granted 0 Related parties' share holdings 2,999,891,564 Name of permanent insider Hannes Smárason Relations with the issuer Member of the Board Number of shares to the permanent insider 0 Number of shares to related parties: Fl Group hf. 5,044,389, FL GLB Holding B.V. 25,614,919 and FL Group Holding Netherlands 19,316,207. 49,975,515 Permanent insider's share holdings 0 Call options granted 0 Related parties' share holdings 4,749,975,515 Name of permanent insider Skarphéðinn B. Steinarsson Relations with the issuer Member of the Board Number of shares to the permanent insider 0 Number of shares to related parties: Fl Group hf. 5,044,389, FL GLB Holding B.V. 25,614,919 and FL Group Holding Netherlands 19,316,207. 49,975,515 Permanent insider's share holdings 0 Call options granted 0 Related parties' share holdings 5,396,632,657 Name of permanent insider Guðmundur Ólason Relations with the issuer Member of the Board Number of shares to the permanent insider 0 Number of shares to related parties: Milestone ehf. 5,565,612, Þáttur eignarhaldsfélag ehf. 10,542,281, Þáttur International ehf. 17,460,941, SJ1 ehf. 2,265,778, Sjóvá almennar líftrygg. hf. 572,636 og Sjóvá almennar tryggingar hf. 2,814,315. 39,393,721 Permanent insider's share holdings 0 Call options granted 0 Related parties' share holdings 2,999,891,564 Name of permanent insider Bjarni Ármannsson Relations with the issuer CEO Number of shares to the permanent insider 0 Number of shares to related parties: Sjávarsýn ehf. 369 and Landsýn 2,002,764. 2,003,160 Permanent insider's share holdings 521,560 Call options granted 0 Related parties' share holdings 235,423,853 Name of permanent insider Finnur Reyr Stefánsson Relations with the issuer Managing Director Number of shares to the permanent insider 0 Number of shares to related parties: Snæból ehf. 637,551 Permanent insider's share holdings 13,980 Call options granted 20,000,000 Related parties' share holdings 48,550,439 Name of permanent insider Magnús Bjarnason Relations with the issuer Managing Director Number of shares to the permanent insider 16,061 Number of shares to related parties: IDA ehf. 99,798 Permanent insider's share holdings 1,223,062 Call options granted 0 Related parties' share holdings 7.599,798 Name of permanent insider Jón Diðrik Jónsson Relations with the issuer Managing Director Number of shares to the permanent insider 178 Number of shares to related parties: Lilja Ósk Diðriksdóttir 41 og ÞJDJ ehf. 385.766 385,807 Permanent insider's share holdings 13,576 Call options granted 20,000,000 Related parties' share holdings 29,376,680 Name of permanent insider Tómas Kristjánsson Relations with the issuer CFO Number of shares to the permanent insider 0 Number of shares to related parties: Gani ehf. 637,551 Permanent insider's share holdings 14,132 Call options granted 20,000,000 Related parties' share holdings 48,550,439 Name of permanent insider Guðmundur Hjaltason Relations with the issuer Managing Director Number of shares to the permanent insider 19 Number of shares to related parties: Muska ehf. 266,129 and Steinagerði ehf. 134,779. 400,902 Permanent insider's share holdings 1,425 Call options granted 10,000,000 Related parties' share holdings 30,529,768
Notification regarding payment of dividends in the form of shares in Glitnir ban
| Source: Glitnir banki hf.