Islandsbanki hf. : MP bank market maker for covered bond ISLA CB 19

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| Source: Íslandsbanki hf.
Íslandsbanki hf. has selected MP bank as market maker for the Bank's ISLA CB 19
covered bond.  The market maker is obligated to submit bid and ask offers for at
least  ISK 20m nominal value, each day before the market opens. The market maker
is  required to  renew its  bid and  ask offers  within 15 minutes of them being
accepted.  These  are  valid  only  within  the trading day.  The maximum spread
between the market maker's bid and ask prices can be no higher than 0.8%.

If  trading in one business day reaches  ISK 60m nominal value, the market maker
may cease to present bids/offers until the next business day.

The market making is effective as of Friday 11 April 2014.

For further information:

  * Investor Relations - Tinna Molphy, tinna.molphy@islandsbanki.is and tel:
    +354 440 3187
  * Media Relations - Dögg Hjaltalín, dogg.hjaltalin@islandsbanki.is and tel:
    +354 440 3925.


[HUG#1776557]