VINX Index Information: Adjustment of Kaupthing Bank, Glitnir and Landsbanki in VINX indices (47/08)

The following decision is based on the press releases from the Financial Supervisory Authority in Iceland (FME) dated October 8, 2008 and October 9, 2008 and the subsequent trading halt. Based on new legislation, the Icelandic FME has taken control of Kaupthing Bank, Glitnir and Landsbanki to ensure continued commercial bank operations in Iceland. 

After not being able to receive valuations from market participants OMX Nordic Exchange Stockholm has according to rule 5.1 in the “Rules for the Construction and Maintenance of the VINX All-Share, Sector, Benchmark and Tradable indices”, decided to adjust today’s closing price of Kaupthing Bank, Glitnir and Landsbanki to zero (0) in the index calculation.

Kaupthing Bank (KAUP, IS0000001469), Glitnir (GLB, IS0000000131) and Landsbanki (LAIS, IS0000000156) will remain at price zero in the VINX indices until further notice.