Íbúðalánasjóður - Company Announcement

The Icelandic parliament Alþingi has agreed to increase the Housing Financing Fund´s equity.

The Icelandic parliament Alþingi agreed yesterday, Tuesday December 7th,
amendments to the supplementary budget bill for 2010 which authorizes
strengthening of the Housing Financing Fund´s equity by up to ISK 33 billion.
This strengthening of the equity is expected to take place before the end of
this year, 2010.