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

Islandsbanki hf.: Upcoming covered bond auction 28 February

Íslandsbanki hf. will be holding an auction on covered bonds Tuesday 28 February
2017 as stated in the banks issuance calendar.

The non-indexed issue ISLA CB 19 and the CPI-linked issues ISLA CBI 22 and ISLA
CBI 26 will be offered to investors. The issues are expected to be listed on
Nasdaq Iceland on 7 March.

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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