Íslandsbanki hf. - Company Announcement

Islandsbanki hf. : Upcoming commercial paper auction 14th July

Íslandsbanki hf. will be holding a private placement on commercial paper
Thursday 14(th) July 2016.  The 3-month series ISLA 16 1012 and the 6-month
series ISLA 17 0119 will be offered to investors. Trading is expected to
commence on 21 July 2016 on Nasdaq Iceland.

 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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