Straumur-Burðarás Fjárfestingabanki hf. - Company Announcement

Management changes within Straumur

3 June 2009

Stephen Jack has left his role as Chief Financial Officer of
Straumur-Burdaras Investment Bank hf.
Straumur thanks Stephen for his contribution to the bank and wishes
him well.
Jakob Ásmundsson has been appointed Straumur's Chief Operational
Officer and he will assume responsibility over the bank's financial
division. Jakob was previously Straumur's Chief Risk Officer.

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