ICEQ comprised the following at the end of 20 July 2007: ISK 24.171.750 ACT 5.933.137 ATOR 7.924.131 BAKK 4.545.961 EXISTA 12.970.714 FL 13.662.359 GLB 31.541.248 HFEIM 1.394.647 ICEAIR 1.145.427 KAUP 1.852.257 LAIS 23.365.812 MOSAIC 6.142.134 OSSR 384.980 STRB 25.946.233 TEYMI 6.250.046 ICEQ 2.504.681 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.