01.02.2013 | 10:45 Uhr

For immediate release31 January 2013 EIB Contacts Richard Teichmeister +352 4379 86206 Elwira Zultak +352 4379 86216

Today the European Investment Bank (EIB) priced its first bond in domesticNorwegian format geared for the local market. The NOK 1bn (EUR 135m) issuecarries a quarterly coupon of 3mNIBOR+20bp and has a final maturity date of27th February 2018. It has been placed with local fund managers and banktreasuries.

The bond will be registered with the Norwegian Central Securities Depository,Verdipapirsentralen (VPS), and listed at the Luxembourg Stock Exchange.

The EIB has a strategic approach to local capital markets. Issuance of bondswith domestic registration allows the Bank to broaden its investor base andachieve further diversification of its borrowing programme. By accessing theNOK domestic capital market, the EIB has not only demonstrated its appeal withNorwegian investors but also complemented its international NOK fundingprogramme.

Norwegian Kroner was a significant funding currency for the EIB in 2012,raising NOK 4.23bn. In 2013, the Bank has so far launched 4 transactions ininternational NOK format for a total of NOK 1.8bn, placed mostly with Asian andEuropean accounts.

The lead manager for the transaction was DNB Bank ASA.

With this issue, EIB has raised over EUR 17.5 billion of its funding target ofEUR 70 billion in 2013.

Comments on the issue:

Eila Kreivi,Director and Head of Capital Markets Department at theEIB, said:`'The EIB has a longstanding track record as an issuer in international NOKformat. Growing demand from Norwegian institutional accounts eager to diversifytheir NOK investments has allowed the Bank to launch its first domestic bond,placed entirely with local institutional investors. The EIB will explore waysto build on this inaugural issue in domestic format.''

Morten Fornes, Fixed Income Sales at DNB Markets, said: `'DNB made a step todiversify the NOK domestic market as thearranger of EIB's first domestic bondissuance in Norwegian Kroner. The notes were well received byNorwegian fundsand treasuries. We strongly believe this first domestic issuewill lead toincreased interest inEIB's name, as there is a natural demand for 0%risk-weighted assets among the broadNorwegian investor base.''

Further details are provided on the next page

Summary Terms and Conditions for the new bond issue:

Issue Amount NOK 1bn Pricing Date 31/01/2013 Payment Date 27/02/2013 Maturity Date 27/02/2018 Issue Price 100.00% Coupon 3m NIBOR +20bp Format Domestic Listing Luxembourg Stock Exchange Notes to Editors:

Background information on EIB

The European Investment Bank (EIB) is the long-term lending institution of theEuropean Union owned by its Member States. It makes long-term finance availablefor sound investment in order to contribute towards EU policy goals. The Bank'sstrong credit standing is underpinned by exceptional asset quality, a strongcapital base, firm shareholder support, robust liquidity, conservative riskmanagement and a sound funding strategy.

Not for distribution in or into the US - This press release does not constitutean offer for sale of the securities described. The offering and sale of thesecurities described in this document are subject to restrictions under thelaws of several countries. Securities may not be offered or sold except incompliance with all such laws.