Straumur - Burdaras hf (ICE:STRB) Today, Straumur-Burdaras Investment Bank hf.'s branch in Prague, Czech Republic, was registered in the Company Registry in the Czech Republic. The operation of the branch is expected to commence soon. Michael Christensen will be the manager of the branch.

For further information, please contact: Ólafur Teitur Gudnason, Vice President, Media Relations Corporate Communications olafur.gudnason@straumur.net tel: +354 858 6778

Straumur - Burdaras hf

http://www.straumur.net

ISIN: IS0000000644

Stock Identifier: XICE.STRB

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