Skarphédinn Berg Steinarsson

The Group's principal activity is to provide financial services to both private customers and businesses. The Group's home markets are Iceland and Norway where it offers a broad range of financial services, including corporate banking, investment banking, capital markets, investment management and retail banking. Outside of the home markets the Group has operations in Finland, Sweden, UK, Luxembourg, US, Canada, China and Russia. The bank will furthermore open an office in India in the second half of 2008. The Group's international expansion is mainly driven by two specialized industry sectors, seafood and sustainable energy, in which the bank has developed significant industry expertise built on its Icelandic and Norwegian heritage. The Group's shares are listed on NASDAQ OMX in Iceland under the symbol GLB.

Stodir hf operates an investment company with interests in investments in the financials and insurance industry. t offers investment services to its subsidiaries. The firm offers investments in the flight and tourism industry. The company was founded on July 20, 1973 and is headquartered in Reykjavík, Iceland.

Baugur Group hf is a private equity investment firm based in Reykjavík, Iceland. Established in 1989 when Jóhannes Jónsson and his son, Jón Ásgeir Jóhannesson, founded the Bónus supermarket chain. In 2003, Mundur ehf, an Icelandic holding firm, acquired a majority share in Baugur and subsequently the firm was de-listed from the Iceland Stock Exchange. Baugur focuses on investments in retail, media and technology, property and financial investments. The firm also has offices in London and Copenhagen. Baugur has joined a carbon offset program which aims to reforest Rwanda. The firm is also a sponsor of UNICEF in Iceland and part of the Healing Foundation in the UK.