Winding-up Board for Straumur Burdaras Investment Bank hf.

| Source: Straumur-Burðarás Fjárfestingabanki hf. Straumur-Burðarás Fjárfestingabanki hf. 

14 May 2009

The District Court of Reykjavik has appointed a Winding-up Board for
Straumur Burdaras Investment Bank hf.
The Winding-up Board is comprised of Supreme Court attorney Hörður
Felix Harðarson who is also the bank's Assistant in the moratorium
process, Supreme Court attorney Ragnar H. Hall and Supreme Court
attorney Lilja Jónasdóttir.

For further information contact:
Straumur Burdaras Investment Bank hf.
Phone +354 585 6600
straumur@straumur.com