Name of party notifying: Landsbanki Íslands hf Address of the party notifing: Austurstræti 11 Date of transaction: 13.7.2007 Number of shares in transaction: 43.247.402 Number of shares before the transaction: 532.262.863 Number of shares after the transaction: 575.510.265 Holdings of total nominal value before the transaction %: 4,83% Holdings of total nominal value after the transaction %: 5,22% 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 467.729.712 shares, a 4,24% stake, is held in Landsbanki's books as a hedge against forward contracts.