Orkuveita Reykjavíkur - Prospectus/Announcement of Prospectus

Base prospectus for issuance of bonds and short-term notes

Orkuveita Reykjavíkur (OR; Reykjavík Energy) has published an updated base prospectus, in Icelandic, for the issuance of bonds and short-term notes without guarantee, on December 22, 2017.

The prospectus, published in Icelandic, can be accessed on Reykjavik Energy´s website, www.or.is, or at the company´s headquarters at Bæjarháls 1, 110 Reykjavík.