Rekstrarfélag Kaupþings banka hf. - Company Announcement

ICEQ verðbréfasjóður - requests delisting of unit shares and termination of market making agreement

Kaupthing Bank Asset Management Company has decided to dissolve ICEQ
verðbréfasjóður. Kaupthing Bank Asset Management Company will submit a request
to NASDAQ OMX Exchange Iceland hf. that the fund's unit shares be removed from
trading on NASDAQ OMX as quickly as possible.  Kaupthing Bank Asset Management
Company has terminated its market making agreement with New Kaupthing Bank for
the fund's unit shares with immediate effect. 

For further information please contact Sigthór Jónsson, Fund Manager, on +354
444 6954, sigthor.jonsson@rkb.is