Lánamál ríkisins - Company Announcement

Auction of Treasury Notes RIKB 11 0722 Additional Issuance

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury Notes,
the Government Debt Management offered the equivalent of 10% of the nominal
value sold in the auction, at the price of accepted bids. This time Primary
Dealers did exercise their right to purchase 1,214.5 m.kr. nominal value in
RIKB 11 0722. Therefore the total amount of bonds issued with the settlement
date of March 17, in RIKB 11 0722 is 13,758,5 million nominal value. Primary
Dealers did not exercise their right to purchase in RIKB 25 0612