Íbúðalánasjóður - Company Announcement

The Housing Financing Fund - Results of HFF Bond Auction

The Housing Financing Fund (HFF) announces the results of an HFF bond auction
on March 10th 2011. Valid bids submitted amounted to ISK 7.396 billion at
nominal value. 

The following bids were accepted:

HFF150434, nominal amount of ISK 2.707 billion weighted yield without
commission is 3.16% 

HFF150644, nominal amount of ISK 2.776 billion weighted yield without
commission is 3.24% 



The total weighted yield of the accepted bids, without commission was 3.20% and
with commission 3.22%. Settlement date will be March 17th 2011. 

For further information please contact Sigurður Jón Björnsson Tel +354
569-6990, Herdís Einarsdóttir Tel +354 569-6993 and Ingi Kristinn Pálsson Tel
+354 569-6995.