Issuance of RIKS 34 1016

In relation to the switch auction of ÍL Fund today, the Icelandic Treasury will issue RIKS 34 1016 (ISIN: IS0000037737) in the nominal amount of 1,420,000,000 kr.

The government bonds are subject to the "General terms and conditions for Icelandic Government bonds" and "Specific terms" for the bond series, which can be accessed on the Government Debt Management website, www.lanamal.is.