Glitnir banki hf. ("Old Glitnir") appoints Managing

Reykjavik, 20 November 2008

The Resolution Committee of Glitnir Banki hf. ("Old Glitnir"), has
appointed Kristjan Davidsson as Managing Director. Mr. Davidsson
formerly acted as Managing Director within Old Glitnir's Global
Seafood  division. He will work closely with the Resolution
Committee, Old Glitnir's employees and advisors.



The Resolution Committee of Old Glitnir

Glitnir banki hf. ("Old Glitnir") appoints Managing Director

Anhänge