Lánamál ríkisins - Other information disclosed according to the rules of the Exchange

Fitch upgrades Iceland to ‘A’; outlook stable

Fitch Ratings announced on 8 December 2017 that it had upgraded Iceland‘s long-term foreign and local-currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A-’. The outlook is stable. The main rating drivers are economic stability, reduced external vulnerability and improvements in government debt ratios, supported by robust growth.