After a short introduction on frustrated spin systems, we study in this chapter several two-dimensional frustrated Ising spin systems which can be exactly solved by using vertex models. We show that these systems contain most of the spectacular effects due to the frustration: high ground-state degeneracy, existence of several phases in the ground-state phase diagram, multiple phase transitions with increasing temperature, reentrance, disorder lines, partial disorder at equilibrium. Evidences of such effects in non solvable models are also shown and discussed. http://www.worldscibooks.com/phy_etextbook/5697/5697_chap1.pdf