Announcement from the Winding Up Board of Glitnir Hf.

The Winding-up Board of Glitnir. met with representatives of the Central Bank of Iceland today to present a proposal designed to fulfill the financial conditions in Icelandic law which stipulate that of monetary and exchange rate stability should not be jeopardized, as outlined  by the Central Bank in its letter of 23 September 2013.
 
The proposal was put forward in relation to Glitnir’s exemption request for its proposed composition  

The Central Bank of Iceland received the proposal without any commitments other than to submit it to analysis.  Á íslensku