Islandsbanki hereby declares that the Bank obliges to submit a bid order for the bond RIKH 18 1009 each trading day in the NASDAQ OMX trading system. The minimum volume for the bid order will be 100 million ISK and each filled order will be renewed within 15 minutes. In the event that the total traded volume exceeds 600 million intraday, Islandsbanki reserves the right to stop submitting bid orders until the next trading day. Should Islandsbanki decide to withdraw this Market Making Declaration, it will be done with a minimum of one month's notice. This Declaration is a unilaterally put forth by Islandsbanki, and is not a part of an agreement with the Government Debt Management or any other party.