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 14 November, at the price of accepted bids. This time
Primary Dealers did exercise their right to purchased 465 m.kr in RIKB 20 0205
additional issues.  Therefore the total amount of bonds issued in this auction
in RIKB 20 0205 is 6,315 m.kr. in nominal value. Total nominal value of RIKB 20
0205 after the auction is now 27,794,000,000 kr. Settlement date is 19 November
2014.