Arion Bank hf. - Company Announcement

Arion Bank’s NOK bond issue admitted to trading on Oslo Stock Exchange today

Arion Bank's NOK bond issue will be admitted to trading on Oslo Stock Exchange
today, 2 July. 

The size of the issue is NOK 500 million. The bonds are floating rate notes
bearing NIBOR plus 5.00% interest, maturing in 2016. 

Iceland is the home member state of Arion Bank, and Norway is the host member
state in this issue, cf. Article 3 of Act No. 108/2007 on Securities
Transactions. The issue has been arranged by Pareto Öhman.

This represents the first international bond issue by an Icelandic financial
institution since 2007. 



For further information please contact Bára Mjöll Thordardottir, Arion Bank‘s
Communications, bara.thordardottir@arionbanki.is, tel: +354 856 7159