Íbúðalánasjóður - Company Announcement

The Housing Financing Fund - Results of HFF Bond Auction

The Housing Financing Fund (HFF) announces the results of an HFF bond auction
on November 15th 2010. Valid bids submitted amounted to ISK 8.290 billion at
nominal value.  The following bids were accepted: 

HFF150224, nominal amount of ISK 1.270 billion weighted yield without
commission is 3.11% 
HFF150434, nominal amount of ISK 1.615 billion weighted yield without
commission is 3.34% 
HFF150644, nominal amount of ISK 2.410 billion weighted yield without
commission is 3.39% 

The total weighted yield of the accepted bids, without commission was 3.30% and
with commission 3.39%. Settlement date will be November 22nd 2010. 
For further information please contact Ívar Ragnarsson Tel +354 569-6990, 
Herdís Einarsdóttir Tel +354 569-6993 and Ingi Kristinn Pálsson Tel +354
569-6995.