SOURCE: Glitnir

August 23, 2007 08:57 ET

Fitch affirms Glitnir rating

REYKJAVIK, ICELAND--(Marketwire - August 23, 2007) -


Fitch Ratings has today affirmed Glitnir Banki's ("Glitnir") ratings at Long-term Issuer Default (IDR) 'A', Short-term IDR 'F1', Individual 'B/C', Support '2' and Support Rating Floor of 'BBB'. The Outlook for the Long-term IDR is Stable.

Fitch ratings is attached: Fitch ratings

For further information from Glitnir, please contact:

Ingvar H. Ragnarsson
Executive Director of International Funding
phone +354 844 4665,
e-mail ingvar.ragnarsson@glitnir.is

Bjørn Richard Johansen
Managing Director, Corporate Communications, Glitnir
mobile +47-47 800 100,
e-mail: brj@glitnir.no

Fitch ratings: http://hugin.info/133924/R/1148782/219586.pdf

Copyright © Hugin ASA 2007. All rights reserved.

Contact Information