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Kaupthing Bank - Comprehensive commercial and investment banking services

Kaupthing Bank offers comprehensive commercial and investment banking services to individuals, companies and institutional investors. The Bank is a leading player in all the main areas of the Icelandic financial market, and in addition to Iceland, the Bank's key markets are Denmark and the United Kingdom.

The Bank focuses on the growth and development of its international activities and aims to be one of the leading investment banks in northern Europe. As of 30 June 2008 the number of full-time equivalent positions was 3,207 at Kaupthing Bank and its subsidiaries.

Kaupthing's shares are listed on the OMX Nordic Exchange in Iceland and Stockholm.

For further information about Kaupthing Bank:

Past Performance

Composite Performance Statistics

To End Q2 2008(Cuml.) KS&F* FTSE 100 (TR) Alpha** FTSE AIM (TR) Alpha
Q2 -0.2% -0.4% 0.2% 0.6% -0.8%
YTD -3.2% -0.8% -2.4% -7.7% -5.5%
1yr -24.0% -1.6% -12.5% -19.9% -4.2%
3yr 11.2% 22.2% -10.9% -0.7% 11.9%
5yr 65.3% 66.0% -0.7% 56.8% 8.5%
6yr 74.8% 49.0% 25.8% 33.7% 41.1%
7yr 78.4% 26.3% 52.1% -9.8% 88.2%
8yr 70.3% 15.6% 54.7% -40.0% 110.3%
9yr 115.3% 18.0% 97.3% 1.8% 113.6%
10yr 127.8% 31.0% 96.8% -6.2% 134.0%

Past performance is no indicator of future performance.
Value of investments can go down as well as up.

Figures are net of all charges.

Total Return to 30/06/08
Source: SFIM & RIMES (indices)

*Weighted average of all portfolios held within the IHT wrapper

** Alpha illustrates the difference between KS&F's perfomance and that of the relvant index



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