SOURCE: Glitnir

March 15, 2007 12:45 ET

Glitnir's Rating Unaffected by Fitch Sovereign Downgrade of Iceland

REYKJAVIK, ICELAND -- (MARKET WIRE) -- March 15, 2007 -- Fitch Rating agency has today affirmed Glitnir Bank's ratings at Issuer Default 'A', Short-term 'F1', Individual 'B/C' and Support '2'. The Outlook on the Issuer Default rating is Stable. Glitnir's rating unaffected by Fitch sovereign downgrade of Iceland

Fitch rating is attached.

http://hugin.info/133924/R/1112279/202236.pdf

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Contact Information

  • For further information from Glitnir, please contact:
    Tómas Kristjánsson
    CFO
    Glitnir
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    Ingvar H. Ragnarsson
    Executive Director of International Funding
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    Glitnir
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    Vala Pálsdóttir
    Head of Investor Relations
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