Lánamál ríkisins - Company Announcement

Results of additional issuance

Auction of Treasury bonds  RIKB 20 0205 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 8 July, at the price of accepted bids. This time
Primary Dealers did exercise their right to purchase 70,000,000 kr. nominal in
RIKB 20 0205. Total outstanding nominal value of RIKB 20 0205 after the auction
is now 51,726,000,000 kr. Settlement date is 13 July 2016.