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 1,700m at a 4.55% simple rate. Total offers received amounted to ISK 3,380 million at rates of 4.45% - 4.62%.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 11 June.

For further information

Gunnar S. Magnússon

Investor Relations

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