Glitnir Business Plan

Glitnir herby presents a summary of Glitnir's Current Business plan (BP) which is based on an opening position of 30 June 2012.  In the BP the cash balance is presented split between ISK, FX from domestic counterparties, and FX from foreign counterparties.

Please also note however that the cashflows exclude the monetisation of Íslandsbanki, which is too uncertain to make reliable assumptions on regarding quantum, timing and currency. Glitnir would also draw  attention to the other important accompanying notes and risk factors set out in the presentation. Glitnir Business Plan