Íslandsbanki hf. has today completed an auction of covered bonds listed on
Nasdaq Iceland. All bids were rejected at this time.
For further information:
* Investor Relations - Guðbjörg Birna Björnsdóttir, ir@islandsbanki.is and
tel: +354 440 4752.
* Media Relations - Guðný Helga Herbertsdóttir, pr@islandsbanki.is and tel:
+354 844 3678.
[HUG#1888429]