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2016-10-14

Islandsbanki hf.: Upcoming covered bond auction 18 October

Íslandsbanki hf. will be holding an auction on covered bonds Tuesday
18thOctober 2016. The non-indexed issue ISLA CB 19 and the CPI-linked issue
ISLA CBI 26 will be offered to investors. The issues are expected to be
listed on Nasdaq Iceland on 24 October.

A domestic issuance plan may be found on the Bank's
website:https://www.islandsbanki.is/english/investor-relations/funding/covered-b....

For further information:

* Investor Relations - Tinna Molphy, ir@islandsbanki.is and tel: +354 440
3187.
* Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is and tel: +354
440 4005.

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Islandsbanki hf. via Globenewswire

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