The Housing Financing Fund announces HFF bond auction, 25 June 2007, has been finalised. The total amounts of submitted bids where ISK 20.8 billion, in nominal value. Bids were accepted for HFF bonds: • HFF44, nominal amount of ISK 6.05 billion The total weighted yield in the accepted offering, without commission was 4.39% and with commission 4.41%. Settlement date will be on 29 June 2007. For further information please contact Jóhann G. Jóhannsson, Herdís Einarsdóttir and Lárus Bollason at Housing Financing Fund (Tel:+354 569 6900)