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

Arion Bank hf. covered bond offering

Arion Bank will be offering covered bonds on 1 June. The Bank will be tapping three ISK denominated covered bond issues on 1 June 2017, ARION CBI 25, ARION CB 19 and ARION CB 22. The date of the covered bond offering has changed from the issuance schedule.

See the Bank‘s website for the issuance schedule:https://www.arionbanki.is/english/about-us/investor-relations/debt-investors/#issuance-sched

For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444 7108.