Lánamál ríkisins - Company Announcement

Amendment to Primery dealer agreements

Primary dealers and Government Debt Management have decided to extend a
temporary amendment to Article 3 of the agreement between the parties in
connection with Government bond issuance and market making in the secondary
market, dated 14 May 2010. However the change in the spread of  RIKB 25 0612
will now be 0,90% 

From 3 December 2010 through 31 may 2011, the maximum spread between bid and
ask quotes for RIKB 19 0226 and RIKB 25 0612 will be as follows: 

Bonds	  Maximum spread
RIKB 19 0226	0.60%
RIKB 25 0612	0.90%

This amendment is made in order to help market makers to carry out market
making duties with the specified series in the secondary market. 

Further information can be obtained from Oddgeir Gunnarsson, Government Debt
Management, at tel: +354 569 9635. 

Sincerely,

Attachments:

increased spreadnov2010.pdf