Lánamál ríkisins - Company Announcement

Results of additional issuance

Auction of Treasury bonds  RIKB 17 0206 and RIKB 20 0205 Additional Issuance

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury bonds,
the Government Debt Management offered the equivalent of 10% of the nominal
value sold in the auction 20 February, at the price of accepted bids. This time
Primary Dealers did exercise their right to purchased in RIKB 17 0206 for 1,023
m.kr. and in RIKB 20 0205 for 27 m.kr. Total outstanding nominal value of RIKB
17 0206 after the auction is now 12,983,000,000 kr. and 30,306,000,000 in RIKB
20 0205.  Settlement date is 25 February 2015.