Glitnir hereby presents the Statement of Assets and Liabilities as of 30 June 2014. The presentation also includes a summary of Glitnir´s Current Business plan (BP) which is based on an opening position of 30 June 2014. The estimated cashflow in the BP at the end of each year are presented in three categories; 1) ISK, 2) FX from domestic counterparties, and 3) FX from foreign counterparties.
As announced on 6 June 2014, an informal creditors' meeting will be held at W New York, 541 Lexington Avenue, New York 10022, NY, USA at 10:00 a.m. (EST) on 26 June 2014. The purpose of the meeting will be to provide creditors with a short briefing in relation to amongst other:
• Composition update
• Communication / process update
• Islandsbanki update
• Financials update
• Next steps and timeline
For those creditors unable to attend the meeting in person, dial-in instructions have been sent to all registered email addresses for creditors of Glitnir. Please note that only creditors of Glitnir and their representatives are permitted to dial-in to the meeting and, as such, will be required to register their institution (as applicable) before being permitted to join the meeting. Parties dialing in to the meeting will only be able to listen to the proceedings and will not be permitted to ask questions. During breaks, creditors must remain on the line to continue listening upon re-convening of the meeting.
For the Winding-up Board of Glitnir hf.
Steinunn Guðbjartsdóttir, Supreme Court Attorney
Páll Eiríksson, District Court Attorney