Straumur - Burdaras hf

Straumur - Burdaras hf (ICE:STRB) Straumur-Burdaras Investment Bank hf. (Straumur) will publish its third quarter results on 26 November 2008. A presentation will be held at 09:00 that day at Hilton Hotel Nordica, second floor room H+I Sudurlandsbraut 2, Reykjavík. The meeting will be held in English.

Straumur - Burdaras hf (ICE:STRB) 05 November 2008

Straumur - Burdaras hf (ICE:STRB) Developments in the global financial markets have adversely impacted most financial institutions, including Straumur, since 30 June. Straumur has taken all reasonable steps to disclose information concerning the impact upon it of these developments to its shareholders and creditors.

Straumur - Burdaras hf (ICE:STRB) Straumur-Burdaras Investment Bank hf. (Straumur) will publish its third quarter results on 26 November 2008. A presentation will be held on the same day, at a time and venue to be announced. It should be noted that in Straumur's earnings report for the second quarter of this year, the third quarter results were scheduled for 5 November.

Straumur - Burdaras hf (ICE:STRB) Straumur-Burdaras Investment Bank hf. ("Straumur") has reached an agreement with the administrators of UK securities and advisory firm Teathers Limited (in administration) ("Teathers") to acquire the rights to the name of "Teathers" and other assets relating to the successful operation of its business. Furthermore, Straumur is recruiting up to 80 of Teathers' employees.

Straumur - Burdaras hf (ICE:STRB) Straumur-Burdaras Investment Bank hf. (Straumur, the Bank) wishes to provide the following information on its position in light of recent events in Iceland:

Straumur - Burdaras hf (ICE:STRB) As announced on 1 October 2008, Straumur-Burdaras Investment Bank hf. (Straumur) and Landsbanki Islands hf. (Landsbanki) signed an agreement whereby Straumur acquired, subject to the approval of relevant regulatory and competition authorities, the majority of Landsbanki's overseas corporate finance and brokerage platforms for a consideration of €380m. The agreement applied to 100% of Landsbanki Securities (UK) Limited and Landsbanki Kepler, as well as Landsbanki's 84% stake in Merrion Landsbanki.

Straumur - Burdaras hf (ICE:STRB) On 7 October Fitch Ratings issued the following rating action on Straumur-Burdaras Investment Bank hf:

Straumur - Burdaras hf (ICE:STRB) Straumur-Burdaras Investment Bank hf. has today enlisted its Copenhagen branch in the Danish deposit guarantee scheme "Det Private Beredskab".

Straumur - Burdaras hf (ICE:STRB) In light of the extraordinary legislative measures submitted by the government of Iceland and passed by parliament yesterday, providing for broad authority to regulators to intervene in the Icelandic financial system, Straumur-Burdaras Investment Bank hf. (Straumur) wishes to state the following: