Glitnir Banki hf. requests to remove its listed equities from trading

Reykjavik, Iceland 14 October 2008

The Board of Directors of Glitnir Banki hf. (receivers committee), in
a letter dated 14 October 2008, has requested that the Iceland  Stock
Exchange Ltd. (Kauphöll  Íslands hf.) remove  the listed equities  of
Glitnir banki  hf.  from  trading  on the  Nasdaq  OMX  Nordic  Stock
Exchange in Iceland, cf. Paragraph 2, Article 24 of Act No. 110/2007,
on Stock Exchanges.
The request  is  made  with  reference  to  the  Icelandic  Financial
Supervisory Authority's  intervention  in the  bank's  operations  in
accordance  with  Act  No.  125/2008,  on  Unusual  Circumstances  on
Financial Markets, cf.  announcement from  the Financial  Supervisory
Authority dated 7 October this year.

Further information:
The Financial Supervisory Authority - Tel:  +354 525 2700