Sparisjóður Mýrasýslu
– Statement regarding the obligations of SPM
Sparisjóður Mýrasýslu / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- On 27 March 2009 the largest creditors of Sparisjódur Mýrasýslu ('SPM') agreed to a proposal on the financial restructuring of the bank, see announcement to the stock exchange dated 6 April. At the same time SPM's assets were sold to New Kaupthing, which will pay for the said assets with bonds and shares issued by New Kaupthing. SPM is the issuer of several bond series listed on Nasdaq OMX. In view of the situation SPM will not pay instalments or interest on the series which may reach maturity during the period in which negotiations on the settlement of claims are taking place with Icelandic and foreign creditors, including series SPM 05 01 which matures on 15 April 2009. News Source: NASDAQ OMX 14.04.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Sparisjóður Mýrasýslu Iceland Phone: Fax: E-mail: Internet: ISIN: IS0000007706 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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