Lánamál ríkisins - Company Announcement

Republic of Iceland buys back its own debt

Today the Republic of Iceland bought back its own debt in the nominal series
RIKH 18 1009, in the nominal amount of 30 b.kr. at a price of 100.29. Total
outstanding nominal amount of the issue following the buyback is
182.911.315.408. The buyback is part of the debt and liquidity management
strategy for the Republic of Iceland.