Íbúðalánasjóður - Company Announcement

- Results of HFF Bond auction

The Housing Financing Fund announces HFF bond auction, 16 November 2007, has
been finalised. The total amounts of submitted bids where ISK 24.0 billion, in
nominal value. Bids were accepted for HFF bonds: 

•	HFF44, nominal amount of ISK 5.2 billion

The total weighted yield in the accepted offering, without commission was 4.96%
and with commission 4.97%. Settlement date will be on 22 November 2007. 

For further information please contact Ívar Ragnarsson, Herdís Einarsdóttir or
Lárus Bollason at Housing Financing Fund (Tel: +354 569 6985, 569 6993 and 569
6996).