Lánamál ríkisins - Company Announcement

Results of additional issuance

Auction of Treasury bonds 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 11 April, at the price of accepted bids. This time
Primary Dealers did not exercise their right to purchase additional issue in
RIKB 16 1013 but did purchased 120 m.kr in RIKB 20 0205  . Therefore the total
amount of bonds issued in this auction in RIKB 16 1013 is 6,500 m.kr. in
nominal value and for RIKB 20 0205  is 1,520 m.kr. Total nominal value of RIKB
16 1013 after the auction is now 68,523,000,000 kr. and total nominal value of
RIKB 20 0205   is now 13,893,000,000 kr.  Settlement date is 16 April 2014.