Lánamál ríkisins - Company Announcement

Fitch Affirms Iceland at ‘BBB’; Outlook Stable

Fitch Ratings has affirmed Iceland's Long-term foreign and local currency IDRs
at ‘BBB' and ‘BBB+' respectively. The issue ratings on Iceland's senior
unsecured foreign and local currency bonds are also affirmed at ‘BBB' and
‘BBB+' respectively. The Outlooks on the Long-term IDRs are Stable. The Country
Ceiling is affirmed at ‘BBB' and the Short-term foreign currency IDR at ‘F3'. 

See further information in press release from Fitch Ratings.

Attachments:

Fitch_Ratings_7.Feb.2014.pdf