The Winding-up Board of Landsbanki Islands hf. has implemented a moratorium on claim transfers from 05 May 2011 to 23 May 2011. Transfers received on or before 04 May will be processed, but no transfers, including those already under review, will be deemed successful until after 23 May 2011. If a Claim Transfer Request Form is received during the period from 05 May 2011 to 23 May 2011, it will be held and deemed accepted for all purposes as though received on 23 May 2011.

Transfers of claims will not be recognized during the moratorium in order for the Winding-Up Board to prepare the updated list of claims to be made available one week in advance of the next Creditor’s Meeting, scheduled for 19 May 2011.