Kaupthing Bank (STO:KAUP) The resolution committee of Kaupthing Bank hf. has sent a request to the OMX Nordic Exchange in Iceland that the company's shares be removed from trading in accordance with Article 24, paragraph 2, of Act no. 110/2007 on Stock Exchanges.

The request is made on the basis of a letter from the board of directors of Kaupthing Bank hf. to the Icelandic Financial Supervisory Authority (FME) dated 8 October 2008 in which the board of directors tendered its resignation and requested that the FME take control of the bank in accordance with Act no. 125/2008 on the Authority for Treasury Disbursements due to Unusual Financial Market Circumstances.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Kaupthing Bank

http://www.kaupthing.com

ISIN: IS0000001469

Stock Identifier: XOME.KAUP

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