Auðkenni útgefanda/Trade ticker: GLB Nafn útgefanda/Issuer: Glitnir banki hf. Dagsetning tilkynningar/Date of announcement 29.05.08 Nafn fjárhagslega tengds aðila sem á viðskipti/Name of related party trading the shares: FL Group hf. Nafn fruminnherja/Name primary insider: Jón Sigurðsson Tengsl fruminnherja við útgefanda/Insider's relation with the issuer: Stjórnarmaður/Member of the Board of Directors Dagsetning viðskipta/Date of transaction: 29.05.08 Tímasetning viðskipta/Time of transaction: 16.00 Tegund fjármálagernings/Type of financial instrument: Hlutabréf Kaup eða sala/Buy or Sell: Kaup/Buy* Fjöldi hluta/Number of shares: 856.282.538 Verð pr. Hlut/Price per share: 17.05 Fjöldi hluta í eigu fruminnherja eftir viðskipti/Primary insider's holdings after the transaction: 0 Fjöldi hluta sem fruminnherji á kauprétt að/Primary insider's option holdings after the transaction: 0 Fjöldi hluta fjárhagslega tengdra aðila eftir viðskipti/Related parties' holdings after the transaction: 4.763.353.601 * Dagsetning lokauppgjörs*/Date of settlement*: 29.05.2008 Athugasemdir*/Comments*: Viðskiptin tengjast tilboði til hluthafa FL Group sem lagt var fram þann 9. maí 2008 og tilkynnt var um niðurstöðu úr þann 21. maí. Tilboðið tengist fyrirhugaðri afskráningu hlutabréfa FL Group úr kauphöll OMX Nordic Exchange Iceland. FL Group og Jötunn Holding ehf. hafa komist að samkomulagi um að FL Group hf. kaupi alla hluti Jötuns Holding ehf. í Glitni banka hf. samtals 862,017,533 hluti. 856.282.538 hlutir verða afhentir hluthöfum FL Group hf. sem greiðsla fyrir hluti þeirra í FL Group. Hlutur FL Group í Glitni banka hf. eykst því um 5.734.995 hluti eða 0,04%. Eignarhlutur FL Group hf. í Glitni banka hf. eftir viðskiptin nemur því 4.763.353.601 hlutum eða 32,01% en var áður 31,97%. - - - - The transaction relates to the offer made to FL Group shareholders that was posted on 9 May 2008 and results were announced on 21 May. The offer relates to the proposed delisting from the OMX Nordic Exchange Iceland. FL Group and Jötunn Holding ehf. have come to an agreement that FL Group purchases Jötunn´s entire holding in Glitnir banki hf. of 862,017,533 shares in total. Of those shares 856,282,538 shares will be delivered to shareholders of FL Group hf. as payment for their shares in the company. FL Group´s holding in Glitni banki hf. increases therefore by 5,734,995 shares or 0,04% of the share capital. FL Group hf.´s holding in Glitnir banki hf. after the transaction amounts to 4,763,353,601 shares or 32.01% compared to the previous holding of 3