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2016-12-06

Landsbankinn hf. : Bill auction results

Today Landsbankinn hf. concluded a closed auction of an existing series, LBANK
170510 and a new series, LBANK 170612.

In total, 28 bids were received in the auction for the total amount of ISK
4,380m.

A total of 13 bids for 2,100m were received in the series LBANK 170510 with
bid rates at 5.54%-5.80%. Bids for 1,040m were accepted at a simple rate of
5.63% equal to the price of 97.7229.

A total of 15 bids for 2,280m were received in the series LBANK 170612 with
bid rates at 5.50%-5.80%. Bids for 1,720m were accepted at a simple rate of
5.68% equal to the price of 97.2086.

Application has been made for the bills to be admitted to trading on Nasdaq
Iceland on 12 December 2016.

Further information on the bills is available on Landsbankinn's
website,www.landsbankinn.com/bills.

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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: Landsbankinn hf. via Globenewswire

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