FRN Variable Rate Fix
May 30 2008 - 2:05AM
UK Regulatory
Islandsbanki hf
As Agent Bank, please be advised of the following rate determined on: 29-May-2008
Issue : Islandsbanki hf - Series 186
USD 75,000,000 Step UP Callable FRN due 02-Mar-2015
ISIN Number : XS0213269094
Common Code/ : 21326909
144A ISIN
Issue Nomin USD : 75,000,000.00
Period : 02-Jun-2008 to 02-Sep-2008 Payment Date 02-Sep-2008
Number of Days : 92
Rate : 3.08188
Denomination USD : 1,000.00 75,000,000.0
Amount Payable
per Denomination : 7.88 590,693.67
Bank of New York
Rate Fix Desk Telephone 44 1202 689580
Institutional Trust Services Facsimille 44 1202 689601
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