Joint Deemed Official Receivers’ and Joint Liquidators’ report for the period from 9 October 2008 to 15 July 2009 (Taken from Bank website)

Please find attached the above named report.

We would like to draw attention to the following paragraphs:-

Dear Mr Greene

We refer to your email addressed to Mike Simpson which refers to your
discussions yesterday and raises two points which you state are worth
repeating. Mr Simpson has asked us to respond, which we do below using
your numbering:-

1. Your comments in relation to the potential effect of the Scheme of

12 December 2008

General Matters
Further to the previous update regarding the creditors meeting convened by the Administrators

14 November 2008

General Matters

5 November 2008

Funds in flight – payment requests made by customers prior to the date of my appointment

4 November 2008

Update since the Court hearing

24 October 2008

Adjournment of winding up petition

20 October 2008

15 October 2008
Since I was appointed Liquidator Provisionally on 9 October 2008, my primary focus has been on trying to take control of and safeguard the assets of the company.

Communication

13 October 2008
Statement from the Liquidator Provisionally of Kaupthing Singer & Friedlander (Isle of Man) Limited dated 13 October 2008

What has happened?