Announcement from Landsbanki Íslands hf.

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.

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