Lánamál ríkisins - Company Announcement

Results of additional issuance

Auction of Treasury bonds RIKS 30 0701 Additional Issuance

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury bonds,
the Government Debt Management offered the equivalent of 10% of the nominal
value sold in the auction 21 October, at the price of accepted bids. This time
Primary Dealers did exercise their right to purchase for 720,000,000 kr. in
RIKS 30 0701 nominal value. Total outstanding nominal value of RIKS 30 0701
after the auction is now 71,288,199,659 kr. Settlement date is 26 October 2016.