Name of party notifying: Landsbanki Íslands hf Address of the party notifing: Austurstræti 11 Date of transaction: 8.6.2007 Number of shares in transaction: 30.097.847 Number of shares before the transaction: 353.193.494 Number of shares after the transaction: 383.291.341 Holdings of total nominal value before the transaction %: 9,89% Holdings of total nominal value after the transaction %: 10,74% 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 271.068.727 shares, a 7,59% stake, is held in Landsbanki's books as a hedge against forward contracts.