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

Islandsbanki hf.: Concludes commercial paper offering

Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors.
Offers  totaling ISK  1,120 million were  received. All  offers were declined at
this time.

Total  offers received in the 6-month  series was 820m at rates of 4.55%-4.70%.
All offers were declined at this time.

Total  offers received in the 12-month series was 300m at rates of 4.70%-4.90%.
All offers were declined at this time.

For further information:

  * Treasury - Egill Thorolfsson, egill.thorolfsson@islandsbanki.is and tel:
    +354 440 2615.
  * Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is and tel:
    +354 440 4005.


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