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.