2015-09-09 16:53:13 CEST

2015-09-09 16:54:14 CEST


REGULATED INFORMATION

English Islandic
Landsvirkjun - Company Announcement

Landsvirkjun signs a new ISK Revolving Credit Facility


Landsvirkjun, The National Power Company of Iceland, signed today a seven year
syndicated loan amounting to 12 billion Icelandic kronur (equivalent to about
93 million USD). The loan is a revolving credit facility that Landsvirkjun can
draw and repay as needed. The facility replaces an older facility from 2011. 

Arrangers and lenders were Arion bank, Islandsbanki and Landsbanki with equal
share of 4 billion Icelandic kronur each. Islandsbanki is facility agent on
behalf of Landsvirkjun. 

The purpose of the facility is to give Landsvirkjun sure access to liquidity in
Icelandic kronur. 

Reykjavik, September 9, 2015

For further information please contact Rafnar Larusson, CFO at +354 515 9000 or
by email: rafnar@lv.is