Moody's reviews debt and deposit ratings of Glitnir Moody's Investors Service announced late last night that it has placed under review for possible downgrade the debt and deposit ratings of Glitnir Bank, pursuant to its refined rating methodology incorporating joint default analysis (JDA). Moody's press release is attached. For further information, please contact: Vala Pálsdóttir, Head of Investor Relations, mobile +354-844 4989, e-mail: vala.palsdottir@glitnis.is. For more information: www.glitnirbank.com.