Landsbankinn hf. - Company Announcement

Offering of covered bonds issued by Landsbankinn

Landsbankinn will offer covered bonds for sale via private placement on Monday
14 December at 16:00. Two covered bond series already issued on Nasdaq Iceland
will be offered for sale, an inflation-linked series LBANK CBI 22 and a
non-indexed series LBANK CB 19. 

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