Arion Bank hf. - Company Announcement

Arion Bank offers 6-month and 5-month commercial paper - ARION 160720 and ARION 160620

Arion Bank is holding an offering of commercial paper on Friday 15 January 2016
– 6-month and 5-month commercial paper maturing on 20 July 2016 and 20 June
2016 respectively. Offers shall be submitted by e-mail to
verdbrefamidlun@arionbanki.is before 4:00 p.m. on 15 January and the payment
and settlement date is 20 January 2016. 

For further information please contact Haraldur Gudni Eidsson of Arion Bank's
Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444
7108.