Straumur-Burðarás Fjárfestingabanki hf. - Company Announcement

Changes in Straumur's Management Committee

24 March 2009

Changes have been made to Straumur-Burdaras Investment bank hf.
(Straumur) Management Committee. As of today Antti Makinen, Nick
Stagg, Skúli Valberg Ólafsson and Svanbjörn Thoroddsen are no longer
members of the Management Committee.
Óttar Pálsson, Andrew Bernhardt, Benedikt Gíslason, Stephen Jack,
Davíð Freyr Oddsson, Oscar Crohn and Jakob Ásmundsson continue as
members of the Management Committee.

For further information contact:
Georg Andersen
Head of Corporate Communications
Tel: +354 858 6707
georg@straumur.com