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Appointment of an independent financial advisor


Icelandic State Financial Investments has appointed STJ Advisors Group Limited (STJ") as its independent financial advisor in connection with the international initial public offering of shares in Íslandsbanki hf.

STJ is one of the leading equity capital markets advisory firms in Europe, further information can be viewed on STJ´s website,

Seven parties submitted expressions of interest in becoming an independent financial advisor.

STJ has already started work.

For further information, please contact Jón G. Jónsson, Director General, at +354 550-1701.