LANDMARK BANCORP INC — Director's Dealing 2006

May 18, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDMARK BANCORP INC (yu4iypv)
CIK: 0001141688
Period of Report:* 2006-04-19

Reporting Person: ROSS C DUANE (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-04-19	Options to Purchase Common Stock	$27.15	A	2695	Acquired	2016-04-19	Common Stock (2695)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	31793	Direct
Common Stock	5566	Indirect
Common Stock	2536	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options to Purchase Common Stock	$26.49	2014-03-29	Common Stock (2694)	2694	Direct

Footnotes

F1: Vest equally over the initial 4 years subsequent to grant date beginning April 19, 2007

F2: Vest equally over the initial 4 years subsequent to grant date beginning March 29, 2006