SPRON has met CBI's request for increased collateral


Following the Central Bank of Iceland's request for increased collateral for
repo transactions, SPRON issued a statement which stated that the bank has had
limited repo transactions with bonds from other financial institutions and had
taken measures to meet this particular request. SPRON would like to reiterate
that this request from the Central Bank has now been fully met. 

For further information please contact Osvald Knudsen Director of Treasury,
tel: +354 550 1223.