Landsbankinn hf. - Other information disclosed according to the rules of the Exchange

Landsbankinn hf. : CP auction results

Today  Landsbankinn hf. concluded a closed auction of the existing series, LBANK
180410 and new series LBANK 180510 and LBANK 181112.

In  total, 14 bids  were received  in the  auction for  the total  amount of ISK
1,820m.

A  total of 5 bids  for 600m were received  in the series  LBANK 180410 with bid
rates at 4.30%-4.40%. No bids were accepted in the series.

A  total of 7 bids for 1,100m were received  in the series LBANK 180510 with bid
rates  at 4.30%-4.40%. Bids  for 420m were  accepted at  a simple rate of 4.34%
equal to the price of 98.2122.

A  total of 2 bids  for 120m were received  in the series  LBANK 181112 with bid
rates at 4.39%-4.65%. No bids were accepted in the series.

Application  has been  made for  the bills  to be  admitted to trading on Nasdaq
Iceland on 10 November 2017.

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


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