Name of party notifying Landsbanki Íslands hf. Address of the party notifing Austurstræti 11 Date of transaction 28.12.2006 Number of shares in transaction 130.605.165 Number of shares before the transaction 127.029.678 Number of shares after the transaction 257.634.843 Holdings of total nominal value before the transaction % 3,77% Holdings of total nominal value after the transaction % 7,64% Notification is based on Art. 33 (1) of the Act no. 33/2003 point(s) no.1. Additional information This transaction is a hedge against forward contracts. After the transaction a total of 130.955.165 shares, or 3,88% of Atorka Group's share capital, is held as a hedge against forward contracts. Major Holdings announcement in accordance with Art. 30 (5) of the Act. no. 33/2003.