Eik Banki P/F - Company Announcement

Early Redemption ISIN DK0030251954 - Eik Banki Føroya P/F

Reference is made to ‘Termination' in the Terms and Conditions dated 14 June
2010 relating to DKK 2,000,000,000 Floating Rate Notes due 28 June 2013 (the
‘Notes'). 



We hereby inform you that Eik Banki Føroya P/F on 28 March 2011 redeems the
Notes in full. 



The Notes will be redeemed at par plus accrued, but not yet paid interest until
28 March 2011. 









Sincerely

Jørn Astrup Hansen

Managing Director

Attachments:

Stock_Exchange_Announcement_2_2011.pdf