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

Islandsbanki hf.: Upcoming covered bond auction 22 August

Íslandsbanki hf. will be holding an auction on covered bonds Tuesday 22 August
2017.

The CPI-linked issues ISLA CBI 24 and ISLA CBI 30 will be offered to investors.
The issues are expected to be listed on Nasdaq Iceland on 29 August 2017.

Íslandsbanki Capital Markets will manage the auction. For further information,
please call +354 440 4490 or email vbm@isb.is.

For further information:

  * Investor Relations - Tinna Molphy, ir@islandsbanki.is and tel:
    +354 440 3187.
  * Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is and tel:
    +354 440 4005.


[]