Izola Bank plc - Bond Issue Oversubscribed

On 21 June, Izola Bank plc announced that the Intermediaries Offer of €7 million 5.35% Secured Notes maturing in 2015 was oversubscribed by over 59%. As a result the Issuer exercised the over-allotment option and increased the issue by a further €2 million. Due to this oversubscription the Bank will satisfy applications up to €2 million in full while applications for more than €2 million will be allocated the first €2 million and 39.32% of the remaining balance.

These bonds are shortly expected to be admitted to the Official List.

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