The offering of structured covered bonds is now closed

 | Quelle: Kaupthing Bank Kaupthing Bank 


Kaupthing Bank hf. hereby announces the results of the offering of
structured covered bonds which ended today. Offers for a total
nominal value of ISK 1,5 billion were received.

Accepted offers for structured covered bonds were, KAU CB2 (maturing
in 2048) for a nominal value of ISK 1.0 billion, with a weighted
average yield of 5,0%.

The settlement date is 1 October 2008.

For further information please contact:
Jónas Sigurgeirsson, Chief Communications Officer, tel. + 354 444
6112 or ir@kaupthing.com

About Kaupthing Bank
Kaupthing Bank is a Northern European bank offering integrated
financial services to companies, institutional investors and
individuals. These services include corporate and retail banking,
investment banking, capital markets services, treasury services,
asset management and comprehensive wealth management for private
banking clients.

The Bank operates in all the Nordic countries, as well as an
ever-growing number of countries throughout Europe, the Middle East
and the United States. www.kaupthing.com