Landsbankinn hf. - Other information disclosed according to the rules of the Exchange

Landsbankinn hf. : Offering of covered bonds

Landsbankinn  will offer covered bonds for sale via auction held on Thursday 16
November  at 15:00. Two inflation-linked series, LBANK  CBI 24 and LBANK CBI 28
and  two non-indexed series,  LBANK CB 21 and  LBANK CB 23, will  be offered for
sale. LBANK CB 23 is a new benchmark series.

Landsbankinn  Capital Markets will manage  the auction. For further information,
please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.


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