- Date of transaction: 29.6.2007

| Source: Glitnir banki hf. Glitnir banki hf. 

Name of party notifying:
Landsbanki Íslands hf

Address of the party notifing:
Austurstræti 11

Date of transaction:
29.6.2007

Number of shares in transaction:
58.820.578

Number of shares before the transaction:
727.281.058

Number of shares after the transaction:
786.101.636

Holdings of total nominal value before the transaction %:
4,89%

Holdings of total nominal value after the transaction %:
5,28%

Notification is based on:
Art. 33 (1) of the Act no. 33/2003 point(s) no.1. 	
	
Additional information:	
After the transaction a total of 777.668.755 shares, a 5,23% stake, is held in
Landsbanki's books as a hedge against forward contracts.