Lánamál ríkisins - Company Announcement

Results of additional issuance

Auction of Treasury bonds RIKB 22 1026 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 4 November, at the price of accepted bids. This time
Primary Dealers did exercise their right to purchase for 100,000,000 kr. in
RIKB 22 1026 nominal value. Total outstanding nominal value of RIKB 22 1026
after the auction is now 65,753,000,000 kr. Settlement date is 9 November 2016.