ENCLOSURES TO THE GOVERNMENT’S LETTER TO THE AUTHORITY DATED MAY 2 May 2011.

The following documents referred to in the Government’s letter are enclosed in the attached zip file.

i. Financial Stability 2009 – report by the Central Bank of Iceland.

ii. Exchange between UK‘s Chancellor and the Treasury Permanent Secretary on 8 October 2008 as published on Iain Dale’s Diary blog, available at: http://iaindale.blogspot.com/2010/02/treasury-b-of-e-opposed-darlings.html. The relevant letters are also attached in a special compilation of the png-s files on the website in a file named: Darling - Macpherson letters - compilation of png-s from web.pdf.

iii. FSA’s Notice of Rescission - 20 July 2010.

iv. Minister of Finance's letter to the Chancellor of the Exchange 16 December 2008.

v. Minister of Finance's letter to the Chancellor of the Exchange 9 January 2009.

vi. UK’s Ambassador Ian Whitting's letter to the Minister of Finance 13 February 2009 regarding Freezing Order.

vii. Willem H. Buiter and Anne Sibert: The Icelandic banking crisis and what to do about it - the lender of last resort theory of optimal currency areas.

viii. “Brown condemns Iceland over banks”. Story on BBC’s website published on 10 October 2008. Hyperlink: http://news.bbc.co.uk/2/hi/uk_news/politics/7662027.stm

ix. Letter from the Ministry of Economic Affairs in Iceland of 8 February 2010 to De Nederlandsche Bank.

x. District Court Amsterdam - Case 450212 HA RK 10-102 concerning Landsbanki.

xi. Letter from Landsbanki's Winding Up Board to the Administrators of Landsbanki in the Netherlands 11 June 2009.

xii. Ingimundur Friðriksson, The collapse of the Icelandic banks and cross-border collaboration,

xiii. Financial information for Q4 2010 on the website of LBI http://lbi.is

xiv. The functions and organisation of deposit guarantee schemes: the French experience. Report issued by the French Central Bank in 2000. Available at http://www.banque-france.fr/gb/supervi/telechar/2000_deposit.pdf

xv. Proposal for a Council Directive on deposit-guarantee schemes no. COM (92) 188 final - SYN 415, Brussels, 4 June 1992.

xvi. COMMISSION STAFF WORKING DOCUMENT - IMPACT ASSESSMENT. Accompanying document to the Proposal for a DIRECTIVE …/…/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on Deposit Guarantee Schemes http://ec.europa.eu/internal_market/bank/docs/guarantee/20100712_ia_en.pdf

xvii. Investigating the efficiency of EU Deposit Guarantee Schemes. European Commission, Joint Research Centre, Unit G09, Ispra (Italy), May 2008. http://ec.europa.eu/internal_market/bank/docs/guarantee/deposit/report_en.pdf.

xviii. TIF Loan Agreement, June 2009.