Landsbankinn hf. - Company Announcement

Landsbankinn hf. : Landsbankinn issues bonds in Swedish kroner

Today Landsbankinn completed a bond offering in Swedish kroner. Bonds with a
nominal value of SEK 1 billion were issued, maturing in November 2020. The bonds
were issued in two tranches; SEK 750 million at 1.375% fixed rate and SEK 250
million floating rate at STIBOR + 1.5%.

The bonds were sold to investors in Sweden, Norway and Finland. The transaction
was arranged by DNB Markets. The bonds are issued under Landsbankinn's EMTN
program, and will be listed on the Irish Stock Exchange.

For further information please contact:

Hanna Kristín Thoroddsen, ir@landsbankinn.is and tel. +354 410 7328


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