Íslandsbanki hf. - Managers' transactions

Islandsbanki hf. : Íslandsbanki issues EUR 10m private placement

Íslandsbanki hf. has today issued a bond under its GMTN programme with the
following terms:

Issuer: Íslandsbanki hf.
Issue Size: EUR 10 million
Maturity Date: 15 March 2019
Coupon: 3 month Euribor + 38 bps
Price: 100.00%
Listing: Irish Stock Exchange
ISIN: XS1684198481
Dealer: Swedbank AB

Information on Íslandsbanki's USD 1,500,000,000 Global Medium Term Programme
(GMTN) and its Supplements are available at
https://www.islandsbanki.is/english/investor-relations/funding/.

For further information:

  * Investor Relations - Tinna Molphy, tinna.molphy@islandsbanki.is,  tel
    +354 440 3187.
  * Media Relations - Edda Hermannsdottir, edda.hermannsdottir@islandsbanki.is
    and tel: +354 440 4005.


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