The Housing Financing Fund announces HFF bond auction, 5 June 2007, has been finalised. The total amounts of submitted bids where ISK 21.3 billion, in nominal value. Bids were accepted for HFF bonds: • HFF44, nominal amount of ISK 3.3 billion The total weighted yield in the accepted offering, without commission was 4,31% and with commission 4,32%. Settlement date will be on 8 June 2007. For further information please contact Jóhann G. Jóhannsson, Herdís Einarsdóttir and Lárus Bollason at Housing Financing Fund (Tel:+354 569 6900)