Íbúðalánasjóður - Company Announcement

Housing Financing Fund´s (HFF) announcement regarding Bloomberg´s coverage

The head of the Parliament´s Welfare Committee stated that HFF needed to
renegotiate the terms of its HFF-bonds, hence, having bond owners agree to the
bonds being callable. 

HFF is not in the process of changing terms of its bonds and no decision in
this matter has been made. Such changes are impossible to make except in full
cooperation with HFF´s bond owners.