Tuesday, October 30th at 11:00, the Central Bank of Iceland will auction Treasury Bills. In this auction the amount offered will be in the range of ISK 2,500 to 5,000 million nominal value. Only Primary Dealers in Government Securities can directly submit bids in the auction, but they also offer to submit bids on behalf of investors. The minimum amount of each bid is ISK 1 million nominal value. Settlement date is Thursday November 1st, 2007. The following series will be auctioned: Series RIKV 08 0201 Maturity Date February 1st, 2008 Time to maturity 3 months The Treasury Bill above will be listed on OMX Nordic Exchange in Iceland on Thursday November 1st, 2007, and Market Making will commence on the same day. For further information please contact Bjorgvin Sighvatsson tel. +354 569 9633 at the Government Debt Management in the International and Market Operation Department of the Central Bank of Iceland.