Íslandsbanki hf. - Company Announcement

Islandsbanki hf. : Upcoming covered bond and commercial paper auction 9th August

Íslandsbanki hf. will be holding an auction on covered bonds and commercial
paper Tuesday 9(th) August 2016.  The CPI-linked covered bond ISLA CBI 26 will
be offered to investors along with 3 and 6-month series of commercial paper,
ISLA 16 1124 and ISLA 17 0210. All issues are expected to be listed on Nasdaq
Iceland on 15(th) August.



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 

[HUG#2033573]