Lánamál ríkisins - Company Announcement

Fitch: Iceland Debt Relief Programme Appears Fiscally Neutral

Iceland's proposals to relieve household debt via mortgage write-offs and
tax-exempt private pension scheme savings appear consistent with the
authorities' stated commitment to fiscal consolidation, Fitch Ratings says. 

However, another round of writedowns may dent investor perceptions of Iceland's
business environment, and the prospect of foreign bank creditors in the failed
banks bearing most of the cost may make it more difficult to remove capital
controls. 

Fitch press release can be approached below.

Attachments:

Fitch_rating_Dec.2013.pdf