Notification from the Depositors’ and Investors’ Guarantee Fund

31. März 2009

Notification from the Depositors’ and Investors’ Guarantee Fund

Written 3/31/2009 at12:03 PM

On 9 March 2009 the Icelandic Financial Supervisory Authority assumed the powers of a meeting of the shareholders of Straumur- Burdaras Investment Bank hf., immediately suspended the Board in its entirety and appointed a Resolution Committee. The Resolution Committee made a decision of closing the bank that day. It is the opinion of the Financial Supervisory Authority, Iceland (the FME) that on the same day, Straumur-Burdaras Investment Bank hf. was unable to render payment of the amount customers demanded, of certain deposits, in accordance with applicable terms. Therefore, with regards to the aforementioned, the Depositors’ and Investors’ Guarantee Fund (the Fund) has become obligated to render payments in accordance with Article 9 of Act No. 98/1999 on Deposit Guarantees and Investor Compensation Scheme, to Straumur-Burdaras Investment Bank´s customers who did not receive the amount of their deposits.

For further information we refer to the Act on Deposit Guarantees and Investor Compensation Scheme, and the regulation on Deposit Guarantees and Investor Compensation Scheme and other information on our website, www.tif.is

nicht über Kaupthing

Anmerkung Jan: Das ist die Feststellung des Entschädigungsfalles für Straumur-Burdaras (siehe unsere Berichte vom 10.03. und 09.03.), entsprechend der Feststellung zu Kaupthing im Oktober 2008.

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