APPOINTMENT OF THE TRUSTEE IN THE ARBITRAL PROCEEDINGS REGARDING THE REDEMPTION OF SHARES IN FIM

FIM GROUP CORPORATION STOCK EXCHANGE RELEASE 8 JUNE 2007

APPOINTMENT OF THE TRUSTEE IN THE ARBITRAL PROCEEDINGS REGARDING THE REDEMPTION OF SHARES IN FIM

Not to be published or distributed in the United States of America, Canada, Japan or Australia.

FIM Group Corporation has today received the following information from Glitnir banki hf.

Trustee

Due to the application by Glitnir banki hf., the Redemption Board of the Finnish Central Chamber of Commerce has applied for the appointment of a trustee by the District Court of Helsinki to look after the interests of the minority shareholders in the arbitral proceedings.

The District Court of Helsinki has on 6 June 2007 appointed Authorized Public Accountant Virpi Halonen as a trustee.

The trustee has the right and obligation in the arbitration proceedings to make a case on behalf of the minority shareholders and to present evidence in support thereof. The trustee is not competent to make or to accept demands relating to the redemption on behalf of the minority shareholders, nor undertake measures that are contrary to the measures taken by a minority shareholder.

The District Court will ex officio notify the appointment of the trustee to be entered in the trade register information of FIM.

The contact information of the trustee is:

Authorized Public Accountant Virpi Halonen
KPMG Oy Ab
PO Box 1037
00101 Helsinki
tel. 020 760 3000, gsm 040 532 2075
fax 020 760 3333
e-mail: virpi.halonen@kpmg.fi

FIM Group Corporation

For additional information, please contact

Risto Perttunen, CEO, tel. +358 9 6134 6303

Timo T. Laitinen, CFO, tel. +358 9 6134 6525

Distribution:
Helsinki Stock Exchange
Main media
www.fim.com

FIM is a growing investment services group that offers asset management, brokerage and investment banking services for private individuals and organizations. Since March 2007 FIM is part of Icelandic financial group Glitnir (www.glitnirbank.com). In addition to the head office in Helsinki, FIM has regional offices in Espoo, Jyväskylä, Kuopio, Lahti, Oulu, Riihimäki, Tampere, Turku and Vaasa. FIM also operates in Stockholm and Moscow. The company had net sales in 2006 of EUR 82.0 million, and it posted operating profit of EUR 19.1 million. FIM had a payroll of 284 employees at the end of 2006. www.fim.com