direct/ Glitnir (IS) - Glitnir Capital Market Day 2007, 1 October 2007 in Oslo

Dear Stakeholder

Last year, Glitnir organised for the first time the Glitnir Capital Market Day, with great success. Much has happened since then, and 2006 will long be remembered as the year when the spotlight of international media and analysts was on the Icelandic financial sector and economy. In spite of the tempestuous climate, Glitnir performed extremely well, and 2006 will go down as one of the best in the Bank´s history, when both earnings and income doubled from the previous year.

Glitnir began the year 2007 with the acquisition of the Finnish financial firm FIM, which has now been fully consolidated into the Bank´s accounts. In May, a new CEO was announced, and new executives have also joined the team to take the Bank even further ahead, after the rapid growth of recent years.

This year, Glitnir will host its Capital Market Day next 1 October in Oslo, Norway, where the bank has invested extensively in recent months and years to the tune of approximately 530 million euros. It gives us great pleasure to invite you to join us at the Glitnir Capital Market Day of 2007.

We look forward to seeing you in Oslo Monday, October 1st.

Best Regards

Lárus Welding,
CEO

Bjørn Richard Johansen
Managing Director, Corporate Communication

Glitnir will post the agenda of the Glitnir Capital Market Day in mid-August. For further information please contact Vala Pálsdóttir, Head of Investor Relations, ir@glitnir.is, or tel. +354 440 4989.

Glitnir is a proud sponsor of the Oslo Maraton to be held on Sunday September 30th. Glitnir encourage everyone to run one of three distances: 3km, 21km or 42km, a full marathon. To register please visit: www.oslomaraton.no

About Glitnir
The financial group Glitnir offers universal banking and financial services. Glitnir is a leading niche player in three global industry segments; seafood/food, sustainable energy, and offshore services vessels. Services include retail, corporate and investment banking, stock trade/brokerage and capital management. Glitnir considers Iceland and Norway its home markets. The Glitnir group has operations in Iceland, Norway, Sweden, Denmark, Finland, the UK, Luxembourg, Russia, Canada and China and plans to open a US office in New York in the fall of 2007. Glitnir is listed on the Icelandic Stock Exchange. For more information: www.glitnirbank.com

Glitnir Capital Market Day 2007
http://hugin.info/133924/R/1143081/216512.pdf

http://www.glitnir.com

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