Landsbankinn hf. - Company Announcement

Landsbankinn hf. : Offering of covered bonds postponed

The  covered bond  auction scheduled  tomorrow, Tuesday  25 October at 15:00 has
been  postponed  and  will  take  place  on Friday 28 October 2016 at 14:00. Two
inflation-linked  series,  LBANK  CBI  22 and  LBANK  CBI 28 and the non-indexed
series LBANK CB 19, 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.


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