- Presentation of Second Quarter Results



Kaupthing Bank will publish its second quarter results for 2008
before markets open on Thursday 31 July.

A presentation for shareholders and market participants will be held
on the same day, 31 July, at Kaupthing's headquarters in Reykjavik at
Borgartun 19. The presentation will start at 8:30 am local time
(10:30 am CET) and will be held in English. Hreidar Már Sigurdsson,
CEO of Kaupthing Bank, will present the Bank's results and answer
questions.

The event is available via live webcast at www.kaupthing.com/ir or
via conference call. Dial-in numbers: UK +44 203 043 24 36, US +1 866
458 40 87, Sweden +46 8 505 598 53.

The presentation material and webcast will be available on the Bank's
website www.kaupthing.com following the meeting.
Investor Meeting in London
A presentation of the results will be held in London on 31 July, at
16:00 local time (17:00 CET). Hreidar Már Sigurdsson CEO will present
the Bank's results. The presentation will be held at the office of
Kaupthing Singer & Friedlander at One Hanover Street, London W1S 1AX.

Please register here
http://www.kaupthing.com/registration/q2/registration

For further information please contact Frída Filipina Fatalla,
Investor Relations, at +354 444 6192 or send an e-mail to
ir@kaupthing.com.