DaterNafn/Name: Glitnir banki hf. Dagsetning viðskipta/Date of transaction: 18. mars 2008 / 18 March 2008 Kaup eða sala/Buy or Sell: Sala/Sell Tegund fjármálagernings/Type of instrument: Breytanleg skuldabréf / Convertible bonds Fjöldi hluta/Number of shares: 15.000.000.000 ISK (nafnvirði) / (nominal value) Gengi/Verð pr. Hlut/Price: Sjá skýringar / See Reason for transaction Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction: Sjá skýringar / See Reason for transaction Dagsetning lokauppgjörs/Date of settlement: Sjá skýringar / See Reason for transaction Ástæður viðskipta/Reason for transaction: See Press Releases / announcements from Glitnir banki hf. regarding Glitnir's issue of convertible bonds that have been announced to the OMX Stock Exchange e.g. on 18 March 2008. We also refer to the terms of the bonds. The issue of the bonds and the authorisation for the increase in share capital is subject to the approval of a shareholders' meeting, which will be held on 19 March 2008 at 9 a.m.