Glitnir banki hf. - Changes board/management/auditors

Nominations to the Board of Directors of Glitnir

The deadline for nominations to the Board of Directors of Glitnir
banki hf. expired at 2.00 pm, 13 February. The following persons have
declared candidacy to the board of directors at the Annual General
Meeting on 20 February 2008:

Board Members:

Björn Ingi Sveinsson, kt. 261151-2359, Kelduhvammi 12b, 220
Hafnarfirði, Iceland

Hans Kristian Hustad, kt. 300549-2339, Norway

Jón Sigurðsson, kt. 180378-4219, Unnarbraut 17, 170 Seltjarnarnes,
Iceland

Kristinn Þór Geirsson, kt. 270766-4989, Mánalind 4, 201 Kópavogi,
Iceland

Kristín Edwald, kt. 150471-5329, Ægisíðu 56, 107 Reykjavík, Iceland

Sigurður G. Guðjónsson, kt. 081151-3189, Brekkugötu 2, 470 Þingeyri,
Iceland

Þorsteinn Már Baldvinsson, kt. 071052-4359, Barðstúni 7, 600
Akureyri, Iceland

Alternates:

Árni Harðarson, kt. 050866-5569, Bergstaðarstræti 49, 101 Reykjavík,
Iceland

Bernhard Nils Bogason, kt. 060763-2169, Sæbólsbraut 3, 200 Kópavogur,
Iceland

Gunnar Jónsson, kt. 071260-3219, Hólahjalla 12, 200 Kópavogur,
Iceland

Haukur Guðjónsson, kt. 201066-8249, Melgerði 12, 108 Reykjavík,
Iceland

Jón Björnsson, kt. 160155-5769, Austurbyggð 14, 600 Akureyri, Iceland

Kristinn Bjarnason, kt. 240364-2209, Álfabergi 8, 220 Hafnarfirði,
Iceland

Steingrímur Halldór Pétursson, kt. 160872-5439, Háhlíð 14, 603
Akureyri, Iceland

Further information about the candidates will be available at Glitnir
Bank headquarters, Kirkjusandi, on the 5th floor, as of Monday 18
February.

For further information contact

Vala Pálsdóttir, Head of Investor Relations, at +354 440 4989 or
e-mail vala.palsdottir@glitnir.is.