CORRECTION - Presentation of Annual Results


CORRECTION: Select message category.

Kaupthing Bank will publish its annual results for 2007 before markets open on
Thursday 31 January. 

A presentation for shareholders and market participants will be held on the
same day, 31 January, at Kaupthing's headquarters in Reykjavik at Borgartun 19.
The presentation will start at 8:30 am GMT (9:30 am CET) and will be held in
English. Hreidar Már Sigurdsson, CEO of Kaupthing Bank, will present the Bank's
results and answer questions. 

Webcast and Conference Call
The event can be followed via live webcast at www.kaupthing.com/ir or via
conference call. Dial-in numbers: UK +44 203 043 24 36, US +1 866 458 40 87,
Sweden +46 8 505 598 53. 

The presentation and material will be available following the meeting on
Kaupthing Bank's website www.kaupthing.com. 

Investor Meeting in London
A presentation of the results will be held in London on 1 February, at 12:00
local time (GMT). Hreidar Már Sigurdsson CEO will present the Bank's annual
results. The presentation will be held at the offices of Kaupthing Singer &
Friedlander at One Hanover Street, London W1S 1AX. 


For further information and to register please contact Frída Filipina Fatalla,
Investor Relations, at +354 444 6192 or send an e-mail to ir@kaupthing.com.