THE RIGHT AND OBLIGATION TO REDEEM THE SHARES IN FIM GROUP CORPORATION

FIM GROUP CORPORATION STOCK EXCHANGE RELEASE MAY 25, 2007

THE RIGHT AND OBLIGATION TO REDEEM THE SHARES IN FIM GROUP CORPORATION

Not to be published or distributed in The United States of America, Canada, Japan or Australia.

In accordance with Chapter 18, Section 2 of the Finnish Companies Act, Glitnir banki hf. has today given a notification to FIM Group Corporation according to which Glitnir’s holding in FIM has exceeded nine tenths (9/10) of the shares and votes in FIM.

Glitnir’s current holding in FIM is 42,176,109 shares corresponding to approximately 98.81 per cent of the shares and votes in FIM.

In accordance with Chapter 18, Section 1 of the Finnish Companies Act Glitnir has the right to redeem the shares of the other shareholders in FIM. The possible redemption claim initiated by Glitnir concerns all shares issued by FIM and held by other shareholders.



FIM Group Corporation

For additional information, please contact

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

Mari Tyster, Head of Group Legal and Compliace, tel. +358 9 6134 6416


Distribution:
Helsinki Stock Exchange
The main media
www.fim.com



DISCLAIMER

These materials are not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The issuer of the shares has not registered, and does not intend to register, any portion of the offering in the United States and does not intend to conduct a public offering of shares in the United States.

This document may not be published, released or otherwise distributed, full or partially, to the United States, Canada, Japan or Australia. This document is not a prospectus and as such does not constitute an offer to sell or the solicitation of an offer to purchase shares or rights to subscribe for shares. Investors should not subscribe for any shares or rights referred to in this document, or tender any shares, except on the basis of the information contained in a prospectus or tender offer document. The offer will not be made in any such country in which either the offer or the participation into it would be prohibited, or would acquire, in addition to measures under Finnish law, tender offer’s preparing, registration or any other measures.

Offers will not be made directly or indirectly in any jurisdiction where prohibited by applicable law and any offer documents and related acceptance forms will not and may not be distributed, forwarded or transmitted into or from any jurisdiction where prohibited by applicable law. In particular, the rights offering and the tender offer will not be made, directly or indirectly, in or into, or by use of the mails of, or by any means of instrumentality (including fax, telex, telephone or Internet) of interstate or foreign commerce of, or any facilities of a national securities exchange of Australia, Hong Kong, Japan, South-Africa, Canada or the United States. The tender offer is not acceptable, if one of the before mentioned means are used or if the approval of the tender offer is executed in the United States, Canada, Japan or Australia.


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