Divestment of Kaupthing Finans (SE) to Resurs Bank (SE) by Kaupthing Sverige (SE) — Amount not disclosed.

Carnegie acted as adviser to Kaupthing Sverige in the divestment of Kaupthing Finans AB to Resurs Bank. Kaupthing Finans, established in 2005, has operations in Sweden, Norway and Finland, with some 30 employees and a loan portfolio of approximately SEK 2 billion.November, 2008.