Morten Bjørnsen

The Group's principal activity is to provide financial services to both private customers and businesses. The Group's home markets are Iceland and Norway where it offers a broad range of financial services, including corporate banking, investment banking, capital markets, investment management and retail banking. Outside of the home markets the Group has operations in Finland, Sweden, UK, Luxembourg, US, Canada, China and Russia. The bank will furthermore open an office in India in the second half of 2008. The Group's international expansion is mainly driven by two specialized industry sectors, seafood and sustainable energy, in which the bank has developed significant industry expertise built on its Icelandic and Norwegian heritage. The Group's shares are listed on NASDAQ OMX in Iceland under the symbol GLB.

BN Bank ASA offers a range of retail and corporate banking services. The bank also provides corporate and investment banking, capital markets, investment management and retail banking. It offers loans to the real estate, seafood, ship building, offshore service vessels, and traditional shipping sectors. The company was founded in 1904 and is headquartered in Trondheim, Norway.

Comrod Communication AS develops power supply systems for telecommunications, fire detection, and emergency lighting systems. The firm designs and manufactures military antennas, marine antennas, telescopic and sectional masts, power supplies, battery chargers, and specialist composite products The company was founded in 1948 and is headquartered in Tau, Norway.

Proserv Group AS operates as a holding company with interests in oil and gas support services. The company's products include test & control systems, instrumentation & calibration, oil & gas sampling, abandonment & decommissioning, and specialty machining. The firm was established in 1974 and is headquartered in Tananger, Norway.

Klepp Sparebank is a financial institution engages in the provision of banking and financial services. It offers among its customers in retail and corporate a range of savings and investment, insurance, financing, payment, real estate, as well as loans and credit products. The company was founded on October 20, 1923 and is headquartered in Rogaland, Norway.

Teresoft AS supplies drilling and well performance solutions. It offers technology based systems for planning, training, optimization, and control of drilling operations, simulation technologies to the oil & gas and crane industries, and drilling and well servicing equipment. The company was founded on January 18, 2008 and is headquartered in Stavanger, Norway.

Base Gruppen AS operates as a holding company that engages in the property development within commercial, hotel, and residential. The company was founded in 2007 and is headquartered in Stavanger, Norway.

Part of Habu Holding AS, Comrod AS is a Norwegian company that develops antenna and power systems. The company is based in Tau, Norway. The company was founded in 1948. The CEO is Ole Gunnar Fjelde.