SPRON Verðbréf hf. - Major shareholder announcements

Date of transaction 24 October 2008

The Board of Directors of Eik Bank has decided to sell all shares in SPRON hf.,
a total of 422.450.084 shares representing 8.44% of the total share capital, to
Eik Grunnurin. Following the transaction, Eik Bank does not own any shares in
SPRON hf., but Eik Grunnurin owns 8.44% of the total share capital. 

For further information please view attachment.

Attachments:

acquisition of voting rights - eik grunnurin.pdf