ICEQ comprised the following at the end of 29 October 2007


ISK	95.087.505	
ATOR	7.387.762	
BAKK	4.289.445	
EXISTA	12.446.413	
FL	15.476.568	
GLB	29.480.340	
HFEIM	1.309.550	
ICEAIR	1.119.494	
KAUP	1.648.415	
LAIS	21.609.113	
OSSR	352.692	
STRB	24.944.276	
TEYMI	5.328.110	
ICEQ		2.154.681
		
		

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.