The Composition Proposal of LBI hf., which was approved at the Composition Voting Meeting on 23 November 2015, has as of today 18 December 2015 been confirmed by the District Court of Reykjavik as the Composition Agreement of LBI hf.

The Composition Proposal and other related documentation, including the Information Memorandum, are available at the creditors login part of LBI´s web site; http://www.lbi.is/home/creditors-login/, and also on the specific composition website of LBI; https://composition.lbi.is/login.

Please note that Creditors who will receive a De Minimis Payment as a result of the Composition Agreement of LBI hf., will be notified with further information on how to submit payment instructions.