- Auction of Treasury Bills RIKV 07 1203

Thursday, August 30th at 11:00, the National Debt Management Agency (NDMA) will
auction Treasury Bills. 

In this auction the amount offered will be in the range of ISK 2,500 to 5,000
million  nominal value. Only Primary Dealers in Government Securities can
directly submit bids in the auction, but they also offer to submit bids on
behalf of investors. The minimum amount of each bid is ISK 1 million nominal
value. 

Settlement date is Monday September 3rd, 2007.

The following series will be auctioned:

Series
RIKV 07 1203
		
Maturity Date
December 3rd, 2007
	
Time to maturity
3 months

The Treasury Bill above will be listed on Iceland Stock Exchange on 
Monday September 3rd, 2007, and Market Making will commence on the same day.  

For further information please contact Jon Sigurdur Thorarinsson, tel. +354 540
7500.