Moratorium - Notice of Creditors' Meeting

As a result, and with reference to Art. 13 of Act No. 21/1991, the bank's creditors are invited to a meeting, to be held on Thursday, 5 November 2009, at 10:00 am at the Hilton Reykjavík Nordica, Suðurlandsbraut 2, Reykjavík.

A ruling by the Reykjavík District Court, pronounced on 19 February 2009, authorised the extension of the moratorium granted to Glitnir banki hf., Reg. No. 550500-3530, Kirkjusandur, 105 Reykjavík, which was originally granted on 24 November 2008, to 1:00 pm on Friday, 13 November 2009.

Steinunn Guðbjartsdóttir, Supreme Court Attorney, has served as Administrator during the moratorium.

As a result, and with reference to Art. 13 of Act No. 21/1991, the bank's creditors are invited to a meeting, to be held on Thursday, 5 November 2009, at 10:00 am at the Hilton Reykjavík Nordica, Suðurlandsbraut 2, Reykjavík.

Furthermore, notice is hereby given that the District Court will convene in Courtroom 102 of the courthouse on Lækjartorg square in Reykjavík to review the moratorium of Glitnir banki hf. on Friday, 13 November 2009, at 1:00 pm, as the moratorium granted to the bank by the ruling of the Reykjavík District Court expires at that time.

All parties with claims against Glitnir banki hf. are entitled to attend the meeting. Creditors are requested to give notice of their proposed attendance and list their claims on the website www.glitnirbank.com no later than 15 October 2009. The attention of creditors is drawn to the fact that this process does not constitute a formal lodgement of claims against Glitnir banki hf. Further information is available on the website www.glitnirbank.com

Steinunn Guðbjartsdóttir,
Supreme Court Attorney