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

Islandsbanki hf. : Upcoming covered bond auction 24 January

Íslandsbanki hf. will be holding an auction on covered bonds Tuesday 24 January
2017. The non-indexed issue ISLA CB 19 and the CPI-linked issues ISLA CBI 22 and
ISLA CBI 26 will be offered to investors. The issues are expected to be listed
on Nasdaq Iceland on 31 January.

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.


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