As provided for in Point 6 of the Agenda of the AGM held on 23 April 2008 A motion has been submitted to the AGM that the following persons be elected as Directors and alternates, to sit on the Board of Directors of Landsbanki Íslands hf. until its next AGM. If a Director is unable to attend a meeting, he/she shall be replaced by the respective alternate in the order indicated. Directors: Björgólfur Guðmundsson, Chairman of the Board Andri Sveinsson, managing director Kjartan Gunnarsson, attorney at law Svafa Grönfeldt, Rector Þorgeir Baldursson, CEO Alternates: For Björgólfur Guðmundsson and Andri Sveinsson 1st alternate Sigþór Sigmarsson, engineer 2nd alternate Helga Theodórsdóttir, business economist For Kjartan Gunnarsson, Svafa Grönfeldt and Þorgeir Baldursson 1st alternate Gunnar Felixson, managing director 2nd alternate Helga Jónsdóttir, bank officer 3rd alternate Þorsteinn Sveinsson, forester Information on the candidates for election to the Board of Directors is available two days prior to the AGM at the CEOs' office, Austurstraeti 11, 155 Reykjavík. For further information, contact Gunnar Viðar, Director of Legal Advisory, tel. +354 410 7740.
- Motion on the composition of the Board of Directors until the Annual General
| Source: Landsbanki Íslands hf.