- Date of transaction 13.9.2007

| Source: Íslensk afþreying hf. Íslensk afþreying hf. 

365 - Major Holdings	
	
Name of party notifying:	
Landsbanki Íslands hf

Address of the party notifing:	
Austurstræti 11

Date of transaction:	
13.9.2007

Number of shares in transaction:	
500.000

Number of shares before the transaction:	
514.150.475

Number of shares after the transaction:	
514.650.475

Holdings of total nominal value before the transaction %:	
14,99%

Holdings of total nominal value after the transaction %:	
15,006%

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 484.223.099 shares, a 14,12% stake, is held in
Landsbanki's books as a hedge against forward contracts.