FRN Variable Rate Fix
February 28 2008 - 9:48AM
UK Regulatory
Islandsbanki hf
As Agent Bank, please be advised of the following rate determined on:
28-Feb-2008
Issue � Islandsbanki hf - Series 186
USD 75,000,000.00 Step UP Callable FRN Due 02 Mar 2015
ISIN Number � XS0213269094
Common Code / 144A � 21326909
ISIN
Issue Nomin USD � 75,000,000.00
Period � 03-Mar-2008 to 02-Jun-2008 Payment Date 02-Jun-2008
Number of Days � 91
Rate � 3.47563
Denomination USD � 1,000.00 � 75,000,000.00 �
Amount Payable per � 8.79 � 658,921.52 �
Denomination
Bank of New York
Rate Fix Desk Telephone � 44 1202 689580
Corporate Trust Services Facsimile � 44 1202 689601
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