2008-07-08 18:35:44 CEST

2008-07-08 18:35:50 CEST


REGULATED INFORMATION

English
Straumur-Burðarás Fjárfestingabanki hf. - Changes board/management/auditors

Changes in Straumur's Management Committee



Following Straumur-Burdaras Investment Bank's appointment of Benedikt
Gíslason as MD Head of Capital Markets, Proprietary Trading and
Merchant Banking, and subsequently as member of the Bank's Management
Committee, Fredrik Sjöstrand and Flemming Bendsen will leave the
Bank's Management Committee as of today.

For further information contact:
Ólafur Teitur Gudnason
VP Media Relations
e-mail: olafur.gudnason@straumur.net
tel: +354 858 6778