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 Tuesday 16
January at 15:00. Two inflation-linked series, LBANK CBI 24 and LBANK CBI 28 and
one non-indexed series, LBANK CB 23, will be offered for sale.

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


[]