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

Islandsbanki hf.: Upcoming covered bond auction 21 November

Íslandsbanki hf. will be holding an auction on covered bonds Tuesday 21 November
2017.

The CPI-linked issues ISLA CBI 24 and ISLA CBI 30 will be offered to investors.
The issues are expected to be listed on Nasdaq Iceland on 28 November 2017.

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 - Gunnar S. Magnússon, ir@islandsbanki.is and tel:
    +354 440 4665.
  * Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is and tel:
    +354 440 4005.


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