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

Islandsbanki hf.: Upcoming covered bond auction 14 June

Íslandsbanki hf. will be holding an auction on covered bonds Wednesday 14 June
2017. The date of the covered bond offering has changed from the issuance
schedule.

The CPI-linked issues ISLA CBI 22 and ISLA CBI 30 will be offered to investors.
The issues are expected to be listed on Nasdaq Iceland on 20 June.

Íslandsbanki Capital Markets will manage the auction. For further information,
please call +354 440 4490 or email vbm@isb.is.

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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