Lánamál ríkisins - Company Announcement

Auction of Treasury Notes RIKB 13 0517 and RIKB 19 0226 Additional Issuance

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury Notes,
the Central Bank offered the equivalent of 10% of the nominal value sold in the
auction, at the price of accepted bids. This time Primary Dealers did exercise
their right to purchase 85 m.kr. nominal value in RIKB 13 0517 and 323 m.kr.
nominal value in RIKB 19 0226. Therefore the total amount of bonds issued with
the settlement date of February 25, in RIKB 13 0517 is 1,485 m.kr. and in RIKB
19 0226 is 8,923 million nominal value.