Landsbankinn hf. - Company Announcement

Landsbankinn hf. : Offering of covered bonds

Landsbankinn will offer covered bonds for sale via auction held on Wednesday 23
November  at  15:00. A  new  non-indexed  benchmark  series, LBANK CB 21 will be
offered  for sale  in addition  to the  inflation-linked series LBANK CBI 22 and
LBANK CBI 28 and the 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.


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