Auðkenni útgefanda/Trade ticker: GLB Nafn útgefanda/Issuer: Glitnir banki hf. Dagsetning tilkynningar/Date of announcement 22.05.08 Nafn fjárhagslega tengds aðila sem á viðskipti/Name of related party trading the shares: FL Group hf. Nafn fruminnherja/Name primary insider: Jón Sigurðsson Tengsl fruminnherja við útgefanda/Insider's relation with the issuer: Stjórnarmaður/Member of the Board of Directors Dagsetning viðskipta/Date of transaction: 21.05.08 Tímasetning viðskipta/Time of transaction: 16.00 Tegund fjármálagernings/Type of financial instrument: Hlutabréf Kaup eða sala/Buy or Sell: Sala/Sell* Fjöldi hluta/Number of shares: 854,742,573 Verð pr. Hlut/Price per share: 17.05 Fjöldi hluta í eigu fruminnherja eftir viðskipti/Primary insider's holdings after the transaction: 0 Fjöldi hluta sem fruminnherji á kauprétt að/Primary insider's option holdings after the transaction: 0 Fjöldi hluta fjárhagslega tengdra aðila eftir viðskipti/Related parties' holdings after the transaction: 4.757.618.606 Dagsetning lokauppgjörs*/Date of settlement*: 29.05.2008 Athugasemdir*/Comments*: Viðskiptin tengjast tilboði til hluthafa FL Group sem lagt var fram þann 9. maí 2008 og tengist fyrirhugaðri afskráningu hlutabréfa FL Group úr kauphöll OMX Nordic Exchange Iceland. FL Group nýtti sér í dag kauprétt sem tilkynnt var um þann 30. apríl sl. og keypti hlutabréf í Glitni sem samstundis verður ráðstafað til hluthafa í FL Group á grundvelli framangreinds tilboðs. The transaction relates to the offer made to FL Group shareholders that was posted on 9 May 2008 in relation with the proposed delisting from the OMX Nordic Exchange Iceland. FL Group has today executed an option that was disclosed on April 30 and bought shares in Glitnir banki hf. which at the same time will be transferred to shareholders in FL Group cf. the aforementioned offer.