Eik Banki P/F - Company Announcement

Deadline Extended to 15 October 2010 at 12.00 CET

As announced in announcement no 26/1010 of 7 October 2010, an Extraordinary
General Meeting was held with no other motions. The Bank, therefore, will
continue the work towards fulfilling the conditions in the conditional
agreement with the Financial Stability Company. 

Eik Banki awaits the approval of relevant authorities of the conditional
agreement with the Financial Stability Company, in order for the agreement to
be effected. Therefore, Eik Banki has applied for an extension of the deadline
to fulfill the solvency requirements of the Danish Financial Services
Authority. Today, the Financial Services Authority has decided to extend the
deadline to 15 October 2010 at 12.00 CET. 

Accordingly, Eik Bank Danmark has received an extension of the deadline to 15
October 2010 at 12.00 CET. 

Shares and bonds issued by Eik Banki will remain temporarily suspended on
Nasdaq OMX Iceland and Nasdaq OMX Copenhagen at least till after the completion
of the transfer. 



Sincerely

Odd Bjellvåg
Chairman

Attachments:

stock_exchange_announcement_27_2010.pdf