This news is more than six months old

Concludes commercial paper offering

Íslandsbanki hf. has today offered 6 month commercial paper to investors.

The nominal amount sold in the 6-month series was 2,120m at a 4.89% simple rate. Total offers received amounted to ISK 2,220 million at rates of 4.80% - 4.90%.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 12 March.

For further information

Gunnar S. Magnússon

Investor Relations

+354 440 4665