Arion Bank hf. - Company Announcement

Arion Bank offers 12-month, 6-month and 5-month commercial paper – ARION 170320, ARION 160920 and ARION 160819

Arion Bank is holding an offering of commercial paper on Wednesday 16 March
2016 – 12-month, 6-month and 5-month commercial paper maturing on 20 March
2017, 20 September 2016 and 19 August 2016 respectively. Offers shall be
submitted by e-mail to verdbrefamidlun@arionbanki.is before 4:00 p.m. on 16
March and the payment and settlement date is 21 March 2016. 

For further information please contact Haraldur Gudni Eidsson of Arion Bank's
Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 856
7108.