SOURCE: Landsbanki Íslands hf

March 02, 2006 11:01 ET

Statement Regarding Fitch's Assessment on the Resilience of Icelandic Banks to Systemic Shocks

New report from Fitch on Landsbanki and the Icelandic banks regarding Fitch's assessment on the resiience of Icelandic banks to systemic shocks.

REYKJAVÍK, ICELAND -- (MARKET WIRE) -- March 2, 2006 --

Today, Fitch Ratings has issued a new report addressing specific topics regarding the Icelandic Banks, such as sensitivity to shocks to currency and interest rates, as well as access to funding and liquidity.

For further information, please refer to the press release by Fitch, issued March 2nd, 2006 on their website: http://www.fitchratings.com/corporate/events/press_releases.cfm. Note that in order to view the report one must register and sign in.

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