Issuer: Akureyarbær, kt. 610169-6229, Geislagötu 9, 600 Akureyri Date of admission to trading: 14.04.2009 Symbol: AKU 08 2 ISIN-code: IS0000019065 Orderbook ID: 65371 Bond type: Annuity Market: OMX ICE CP Fixed Income Size limit: 2.500.000.000,- Issued: 2.200.000.000,- Denomination: 10.000.000,- Issue date: 19.12.2008 First due date: 19.6.2009 Number of due dates: 50 Maturity date: 19.12.2033 Interest calculated from: 19.12.2008 First interest payment date: 19.6.2009 Number of interest payments: 50 Interest: 6,00% Indexed: yes Name of index: CPI Base index value: 322,3 Dirty price / Clean price: Clean price Day count convention: 30/360 Call option: no Put option: no Convertible: no Market making: no Credit Rating (rating agency, date): no Securities depository: The Icelandic Securities Depository Ltd. Issued electronically: yes Coordinator - admission to trading: Icelandic Securities Ltd., Strandgata 3, 600 Akureyri