NASDAQ OMX Iceland hf.: Íslandsbanki - Covered Bonds (ISLA CBI 24) admitted to trading on 10 May 2012

Issuer: Íslandsbanki hf., 491008-0160, Kirkjusandi 2 155 Reykjavík.

Date of admission to trading: 10.05.2012

Symbol: ISLA CBI 24

ISIN-code: IS0000021277

Orderbook ID: 87099

Instrument subtype: Corporate Bonds

Amortization type: Bullet

Market: OMX ICE CP Fixed Income

List population name: OMX ICE Bank/Savings Bank bonds

Size limit: 10,000,000,000 ISK

Amount admitted to trading at this time: 850,000,000 ISK

Total amount previously admitted to trading: 1,500,000,000 ISK

Denomination: 10,000,000 ISK

Issue date: 10 May 2012

First ordinary installment date: 7 March 2024

Installment frequency: 1

Maturity date: 7 March 2024, with possibility of extension of maturity to 7 March 2027

Interest from date: 10 May 2012

First ordinary coupon date: 7 September 2012

Coupon frequency: 2

Interest: 3.45%

Indexed: Yes

Name of index: Consumer Price Index

Base index value: 387.88

Index base date: 7 March 2012

Dirty price / Clean price: Clean price

Day count convention: 30E/360

Call option: No

Put option: No

Convertible: No

Market making: Yes

Credit Rating (rating agency, date): No

Securities depository: Icelandic Securities Depository hf.

Issued electronically: Yes

Coordinator - admission to trading: Íslandsbanki hf.