In accordance with Article 7 in the Articles of Association of Glitnir banki hf. a shareholders meeting is hereby called for. The shareholders meeting will be held at the headquarters of Glitnir banki hf., Kirkjusandur 2, Reykjavík, on Wednesday 19 March 2008 at 9:00. Agenda: 1. Proposed amendments to the Company's Articles of Association.[1] Ballots and admission tickets for the meeting will be available to shareholders at the place of the meeting from 8 p.m. to 9 p.m. on the day of the meeting. Ballots and tickets cannot be collected after 9 p.m. The agenda of the meeting and finalised motions will be submitted on display to shareholders at Kirkjusandur 2, 5th floor, at least one week before the shareholders meeting. These documents will also be accessible at www.glitnir.is. Reykjavík, 11 March 2008 Board of Directors of Glitnir banki hf. [1] A motion that the shareholders meeting resolves to permit the board of directors of issue convertible bonds up to the amount of ISK 15.000.000.000 and amending the Articles of Association to permit the board of directors to increase the share capital of the company in relations to the issue.