Lánamál ríkisins - Company Announcement

Publication dates for Iceland‘s sovereign credit ratings

Credit rating agencies Standard & Poor's and Fitch are required to publish the
issuance dates of EU member states' credit ratings pursuant to Regulation no.
462/2013. The purposes of the regulation are to enhance transparency in rating
agencies' operations, improve the rating process, and increase the companies'
responsibility for the credit ratings, which have a demonstrable effect on the
credit terms offered to EU member states. Because Moody‘s primary analyst of
the Republic of Iceland is located outside the EU, the rating agency is not
required to publish the issuance dates. 

The regulation applies in the EEA states, although neither it nor some recent
rules on financial supervision, etc., (cf., for example, Regulation no.
1095/2010) has been formally implemented in the EEA states. 

The publication schedule is entirely the responsibility of the rating agencies
themselves. The 2015 publication dates for Iceland's ratings are as follows: 

Rating Agency  Date of publication
S&P        16 January         
Fitch          30 January         
S&P        17 July            
Fitch          24 July