5 December 2008 Kaupþing Bank hf., Landsbanki Íslands hf. and Glitnir hf. have ceased market making for Straumur. Straumur and Nýi Kaupþing banki hf (Kaupþing) have signed a market-making agreement according to which Kaupþing acts as a market maker for shares issued by Straumur on NASDAQ OMX Iceland effective two days after the trading halt on Straumur shares is lifted. The purpose of the agreement is to facilitate trading and improve liquidity in the shares of Straumur on the NASDAQ OMX Iceland in order to promote the development of market prices and to encourage effective and transparent price formation. The terms of the market-making agreement are as follows: Kaupþing is committed to make a daily bid and offer quotes on all trading days for a minimum of 1,000,000 shares in Straumur at a price as determined by Kaupþing. The maximum bid/ask spread shall not exceed 1.25% and the deviation from the last transaction price shall not exceed 3.0%. Kaupþing secures the amount of the total trade for one day to be at nominal price at a minimum ISK25,000,000. For further information contact; Georg Andersen Head of Corporate Communications Mobile: +354 858 6707 georg@straumur.com
Market-making agreements with Straumur-Burdaras Investment Bank hf. ("Straumur").
| Source: Straumur-Burðarás Fjárfestingabanki hf.