Name: Glitnir banki Date of transaction: 31.8.2007 Buy or Sell: Buy Type of instrument: Equities Number of shares: 38.370.370 Price: See reason for transaction Primary insider's holdings after the transaction: See reason for transaction Date of settlement: Reason for transaction: With reference to a notification about Glitnir bank´s compensation policy, published in the OMX news system of June 2008. To meet its obligations according to the beforementioned compensation policy the company has commited itself to hand over 209.370.370 shares in Glitnir bank on the period that the plan sets out.