ICEQ comprised the following at the end of 12th April 2007


ISK	15.091.929	
365	7.410.655	
A	12.182.964	
ACT	7.668.541	
ATOR	11.310.937	
BAKK	6.111.569	
FL	12.286.890	
GLB	33.863.944	
HFEIM	1.850.848	
KAUP	2.148.197	
LAIS	31.524.788	
MARL	552.348	
MOSAIC	8.449.468	
OSSR	588.863	
STRB	24.704.309	
FO-ATLA	4.542	
ICEQ		2.764.681

Investors are advised to read the ICEQ prospectus on Kaupthing Bank's Fund
Center, www.kbsjodir.is, or on the news page of the Iceland Stock Exchange:
http://news.icex.is/newsservice/MMIcexNSWeb.dll/newspage?language=IS&pagetype=sy
mbolnewslist&primarylanguagecode=IS&newsnumber=30035. 

Rekstrarfélag Kaupþings banka hf.