Bonds issued by Sparisjóður Bolungarvíkur removed from trading

| Source: NASDAQ Iceland hf. NASDAQ Iceland hf. 

NASDAQ OMX Iceland hf. has approved a request submitted by Sparisjóður
Bolungarvíkur regarding the removal of the company's bonds (SPBOL 05 1) from
trading. The bonds will be removed from trading on NASDAQ OMX Iceland hf. as of
closing of trading on May 28th 2010.