Presentation of Annual Results


Kaupthing Bank will publish its annual results for 2007 before
markets open on Thursday 31 January.

A presentation for shareholders and market participants will be held
on the same day, 31 January, at Kaupthing's headquarters in Reykjavik
at Borgartun 19. The presentation will start at 8:30 am GMT (9:30 am
CET) and will be held in English. Hreidar Már Sigurdsson, CEO of
Kaupthing Bank, will present the Bank's results and answer
questions.

Webcast and Conference Call
The event can be followed 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 and material will be available following the meeting
on Kaupthing Bank's website www.kaupthing.com.

Investor Meeting in London
A presentation of the results will be held in London on 1 February,
at 12:00 local time (GMT). Hreidar Már Sigurdsson CEO will present
the Bank's annual results. The presentation will be held at the
offices of Kaupthing Singer & Friedlander at One Hanover Street,
London W1S 1AX.
For further information and to register please contact Frída Filipina
Fatalla, Investor Relations, at +354 444 6192 or send an e-mail to
ir@kaupthing.com.


About Kaupthing Bank
Kaupthing Bank offers comprehensive commercial and investment banking
services to individuals, companies and institutional investors. The
Bank is a leading player in all the main areas of the Icelandic
financial market, and in addition to Iceland, the Bank's key markets
are Denmark and the United Kingdom. The Bank focuses on the growth
and development of its international activities and aims to be one of
the leading investment banks in northern Europe.

Kaupthing Bank operates in thirteen countries with its headquarters
located in Reykjavík. The Bank's main subsidiaries are FIH
Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United
Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing
Bank Oyj in Finland, Norvestia Oyj in Finland, Kaupthing New York,
Kaupthing Asset Management in Switzerland and Kaupthing Norge in
Norway. The Bank also has activities in Isle of Man, the United Arab
Emirates (Dubai) and Qatar. As of 30 September 2007 the number of
full-time equivalent positions was 3,190 at Kaupthing Bank and its
subsidiaries. www.kaupthing.com