Arion Bank hf. - Company Announcement

Arion Bank offers 12-month, 6-month and 5-month commercial paper – ARION 170421, ARION 161020 and ARION 160919

Arion Bank is holding an offering of commercial paper on Thursday 14 April 2016
– 12-month, 6-month and 5-month commercial paper maturing on 21 April 2017, 20
October 2016 and 20 September 2016 respectively. Offers shall be submitted by
e-mail to verdbrefamidlun@arionbanki.is before 4:00 p.m. on 14 April and the
payment and settlement date is 20 April 2016. 

For further information please contact Haraldur Gudni Eidsson of Arion Bank's
Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444
7108.