Today, 22 November 2010, the Reykjavík District Court ruled that Landsbanki Íslands hf. is to be wound up as provided for in the general rules of Act No. 161/2002 as amended. With this ruling the bank’s moratorium is concluded and general winding-up procedures now apply. The ruling involves no changes to the bank’s day-to-day activities or its legal status.

 The Resolution Committee and Winding-up Board of Landsbanki Íslands hf.