Due to the Optional Redemption Date on 29 June 2016 Noteholders are hereby informed that they may not require transfers from 14 June 2016 until, and including, 29 June 2016. This halt of transfers is necessary for the Company to be able to make payments to registered Noteholders on the Optional Redemption Date. This halt of transfers is in accordance with Condition 4.1 (b) of the terms and conditions of the Amortising Zero-Coupon Convertible Notes of Glitnir HoldCo ehf. (the “Conditions”).

Further information about the Optional Redemption can be found here.

Capitalised terms used but not defined in this notice shall have the meanings given to them in the Conditions.

The Board of Glitnir Holdco ehf. hereby announces that the Q1 2016 Financial Statements will be published on Glitnir’s website at 16:00 GMT on Monday 30 May 2016.

Furthermore, a conference call, where the CEO and the Chairman will present the Q1 Financial Statements, will be held at 14:00 BST (London time) on Tuesday 31 May 2016. For those wishing to participate in the call, please register in advance by clicking this link.

Glitnir Holdco ehf. (the “Issuer”)
EUR 1,585,774,666 Amortising Zero-Coupon (Remaining balance EUR 899,139,177)
Convertible Notes due 2030 (the “Notes”)
Optional Cash Redemption Notice

This notice is made to holders of the Notes (hereafter, the “Noteholders”) pursuant to Condition 6.3 of the Terms and Conditions of the Notes (the “Conditions”) and is published in accordance with Condition 21.
Capitalised terms used but not defined in this notice shall have the meanings given to them in the Conditions.
The Issuer hereby notifies the Noteholders that it will effect an optional redemption by redeeming the Notes (in part) in cash on 29 June 2016. The Issuer is providing the following information pursuant to Condition 6.3(B) in connection with such redemption:

(i) The Currency Conversion Date is 23 June 2016.
(ii) The estimated Euro Equivalent Redemption Funds to be distributed is EUR 14,500,000

The breakdown by currency of the amounts included in the calculation of such estimate are as follows:
EUR 4,892,000,
USD 5,697,000,
GBP 2,358,000 and
NOK 11,236,000 and

(iii) The Euro Equivalent Redemption Funds will derive from realizations of the following assets:

Loans to customers: EUR 2,876,000, USD 2,400,000 and NOK 11,236,000 of the EERF Equity: EUR 147,000, USD 3,297,000 and GBP 1,287,000 of the EERF
Other assets: EUR 1,869,000 and GBP 1,071,000 of the EERF
The Issuer will provide a further notification on 27 June 2016 (which will be the Optional Cash Redemption Second Notification Date). This will confirm the final amount of Euro Equivalent Available Optional Redemption Funds which will be used to redeem the Notes in cash, the aggregate principal amount of the Notes that will be outstanding immediately following the Optional Redemption Date of 29 June 2016 and the other information required under Condition 6.3(C).

Reykjavík, 27 May 2016

On behalf of Glitnir HoldCo ehf.
Ingólfur Hauksson, Chief Executive Officer

Glitnir Holdco ehf. (the “Issuer”)
EUR 1,585,774,666 (Remaining balance EUR 899,139,177)
Amortising Zero-Coupon
Convertible Notes due 2030 (the “Notes”)

This notice is made to holders of the Notes (hereafter, the “Noteholders”) by way of information and is published in accordance with Condition 21 of the Terms and Conditions of the Notes (the “Conditions”).

Capitalised terms used but not defined in this notice shall have the meanings given to them in the Conditions.

The Issuer effected an optional redemption of the Notes in part on 12 April 2016 in accordance with Condition 6.3(A)(ii). The aggregate principal amount of each Noteholder’s interest in the Notes was reduced accordingly as a result of such redemption. Noteholders who wish to confirm the principal amount outstanding in respect of their holding of Notes can do so through the secured website.

Reykjavík, 13 April 2016

On behalf of Glitnir HoldCo ehf.
Ingólfur Hauksson, Chief Executive Officer

Further to the announcement on 16 March 2016, Glitnir confirms that the final amount which will be used to redeem the Notes, by payment in cash, is EUR 36,309,845. The aggregate principal amount of the Notes will be EUR 899,139,177 immediately following the payment on 12 April 2016.

In addition to the EUR amount of 20,200,000 the following amounts were converted into EUR on the Currency Conversion Date on 6 April 2016:

USD 5,483,000
GBP 5,067,000
NOK 26,550,000
DKK 15,000,000
SEK 1,472,000

The amount for distribution from the conversion on the Currency Conversion Date is EUR 16,109,845.

The amounts converted into EUR on the Currency Conversion Date, and forms part of the Euro Equivalent Redemption Funds, derive from realisations of the following assets (received on Q3 2015, Q4 2015 and January 2016):

Loans to customers:

EUR 16,520,000 and NOK 26,500,000

Other assets:

EUR 1,860,000
GBP 947,000

Other sources is reduced hold back of assets support fund and operating expenses reserve.

Reykjavik, 8 April 2016

On behalf of Glitnir HoldCo ehf.
Ingólfur Hauksson, Chief Executive Officer

Due to the Optional Redemption Date on 12 April 2016 Noteholders are hereby informed that they may not require transfers from 28 March 2016 until, and including, 12 April 2016. This halt of transfers is necessary for the Company to be able to make payments to registered Noteholders on the Optional Redemption Date. This halt of transfers is in accordance with Condition 4.1 (b) of the terms and conditions of the Amortising Zero-Coupon Convertible Notes of Glitnir HoldCo ehf. (the “Conditions”).

Further information about the Optional Redemption can be found here.

Capitalised terms used but not defined in this notice shall have the meanings given to them in the Conditions.

Glitnir Holdco ehf. (the “Issuer”)
EUR 1,585,774,666 Amortising Zero-Coupon (Remaining balance EUR 935,449,022)
Convertible Notes due 2030 (the “Notes”)
Optional Cash Redemption Notice

This notice is made to holders of the Notes (hereafter, the “Noteholders”) pursuant to Condition 6.3 of the Terms and Conditions of the Notes (the “Conditions”) and is published in accordance with Condition 21.

Capitalised terms used but not defined in this notice shall have the meanings given to them in the Conditions.

The Issuer hereby notifies the Noteholders that it will effect an optional redemption by redeeming the Notes (in part) in cash on 12 April 2016. The Issuer is providing the following information pursuant to Condition 6.3(B) in connection with such redemption:

(i) The Currency Conversion Date is 6 April 2016.
(ii) The estimated Euro Equivalent Redemption Funds to be distributed is EUR 35,500,000.

The breakdown by currency of the amounts included in the calculation of such estimate are as follows:

EUR 20,200,000,
USD 5,483,000,
GBP 5,067,000,
NOK 26,550,000,
DKK 15,000,000 and
SEK 1,472,000.

(iii) The Euro Equivalent Redemption Funds will derive from realisations of the following assets:

Loans to customers: EUR 16,520,000 and NOK 26,500,000 of the EERF
Other assets: EUR 1,860,000, GBP 947,000 of the EERF
Other sources is reduced holdback of assets support fund and the operating expenses reserve.

The Issuer will provide a further notification on 8 April 2016 (which will be the Optional Cash Redemption Second Notification Date). This will confirm the final amount of Euro Equivalent Available Optional Redemption Funds which will be used to redeem the Notes in cash, the aggregate principal amount of the Notes that will be outstanding immediately following the Optional Redemption Date of 12 April 2016 and the other information required under Condition 6.3(C).

Reykjavík, 16 March 2016

On behalf of Glitnir HoldCo ehf.
Ingólfur Hauksson, Chief Executive Officer

Glitnir Holdco ehf. (the “Issuer”)
EUR 1,585,774,666 (Remaining balance EUR 935,449,022)
Amortising Zero-Coupon
Convertible Notes due 2030 (the “Notes”)

This notice is made to holders of the Notes (hereafter, the “Noteholders”) by way of information and is published in accordance with Condition 21 of the Terms and Conditions of the Notes (the “Conditions”).

Capitalised terms used but not defined in this notice shall have the meanings given to them in the Conditions.

The Issuer effected an optional redemption of the Notes in part on 7 March 2016 in accordance with Condition 6.3(A)(ii). The aggregate principal amount of each Noteholder’s interest in the Notes was reduced accordingly as a result of such redemption. Noteholders who wish to confirm the principal amount outstanding in respect of their holding of Notes can do so through the secured website.

Reykjavík, 8 March 2016

On behalf of Glitnir HoldCo ehf.
Ingólfur Hauksson, Chief Executive Officer

The Board of Glitnir HoldCo ehf. hereby presents the audited Financial Statements for the year 2015. The Financial Statements have been prepared in accordance with the Icelandic Financial Statements Act. The Board wants to draw the attention to the appendix to the Financial Statements which contains the specific information on consolidated bases.

Glitnir HoldCo ehf. Financial Statements 2015

Further to the announcements on 4 February and 16 February 2016, Glitnir confirms that the final amount which will be used to redeem the Notes, by payment in cash, is EUR 650,325,644. The aggregate principal amount of the Notes will be EUR 935,449,022 immediately following the payment on 7 March 2016.

In addition to the EUR amount of 89,700,000 and EUR 528,936,600 that originates from EUR or have previously been converted into EUR, the following amounts were converted into EUR on the Currency Conversion Date on 1 March 2016:

USD 1,713,000
GBP 15,600,000
NOK 71,720,000
DKK 18,500,000
The amount for distribution from the conversion on the Currency Conversion Date is EUR 31,689,044.

The amounts converted into EUR on the Currency Conversion Date, and forms part of the Euro Equivalent Redemption Funds, derive from realisations of the following assets (received on Q3 2015, Q4 2015 and January 2016):

Loans to customers:

EUR 2,958,000
DKK 18,500,000
NOK 44,771,000
USD 1,713,000
GBP 429,000

Shares and equity:

EUR 22,501,000
GBP 6,303,000

Other sources is cash balance (holdback at composition).

Reykjavik 3 March 2016
On behalf of Glitnir HoldCo ehf.
Ingólfur Hauksson, Chief Executive Officer