Issuer: (Name, ID, Address, Postcode) KB ABS 2, ID. No. 430506-8970 Borgartun 19 105 Reykjavik Date of admission: 14.09.2007 Symbol: KBABS2 SBE ISIN-code: IS0000013381 Orderbook ID: 42744 Bond type: Bond with 90% capital guarantee and linked to S&P BRIC 40 Index Market: OMX ICE Fixed Income Size limits: ISK 2.000.000.000 Issued: ISK 400,000,000 Denomination: ISK 5,000,000 Issue date: 18 September 2006 First due date: 25 September 2007 Number of due dates: 1 Maturity date: 25 September 2007 Interests calculated from: N/A First interest payment date: N/A Number of interest payments: N/A Interest: 0% Indexed: No Name of index: S&P BRIC 40 Base index value: 1673,5 Dirty price / Clean price: N/A Day count convention: N/A Call option: No Put option: No Convertible: No Market making: No Credit Rating (rating agency, date): No Securities depository: Icelandic Securities Depository hf. Issued electronically: No OMX ICE member responsible for admission to trading: Kaupthing Bank hf., Legal Department