Straumur-Burðarás Fjárfestingabanki hf. - Company Announcement

Straumur moratorium process extended

16 June 2009

The District Court of Reykjavík has today granted Straumur-Burdaras
Investment bank hf. an extension of moratorium until 11 December
2009.

Georg Andersen
Head of Corporate Communications
Tel: +354 585 6707
georg@straumur.com