Name of party notifying: Landsbanki Íslands hf Address of the party notifing: Austurstræti 11 Date of transaction: 2.8.2007 Number of shares in transaction: 165.888.221 Number of shares before the transaction: 623.909.246 Number of shares after the transaction: 458.021.025 Holdings of total nominal value before the transaction %: 5,66% Holdings of total nominal value after the transaction %: 4,16% 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 325.229.189 shares, a 2,95% stake, is held in Landsbanki's books as a hedge against forward contracts.