Arion Bank hf. - Other information disclosed according to the rules of the Exchange

Arion Bank offers 6-month and 5-month commercial paper – ARION 190320 and ARION 190220

Arion Bank is holding an offering of commercial paper on Tuesday 16 October 2018 – 6-month and 5-month commercial paper maturing on 23 April 2019 and 20 March 2019 respectively. Offers shall be submitted by e-mail to verdbrefamidlun@arionbanki.is before 16:00 p.m. on 16 October and the payment and settlement date is 19 October 2018.

For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444 7108.