Issuer: VBS-fjárfestingarbanki hf., kt. 621096-3039, Suðurlandsbraut 18, 108 Reykjavík Date of admission: 08.01.2007 Symbol: VBS 07 1020 ISIN-code: IS0000015212 Orderbook ID: 41954 Bond type: Bullet Market: ICEX Fixed Income Size limits: 1,000,000,000 Issued: 1,000,000,000 Denomination: 5,000,000 Issue date: 20.7.2007 First due date: 20.10.2007 Number of due dates: 1 Maturity date: 20.10.2007 Interests calculated from: na First interest payment date: na Number of interest payments: na Interest: na Indexed: no Name of index: na Base index value: na Dirty price / Clean price: na Day count convention: Actual/360 Call option: na Put option: no Convertible: no Market making: no Credit Rating (rating agency, date): no Securities depository: Verðbréfaskráning Íslands (Icelandic Securities Depository) Issued electronically: yes OMX ICE member responsible for admission to trading: VBS-fjárfestingarbanki hf., kt. 621096-3039