LANDMARK BANCORP INC — Director's Dealing 2008

May 12, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDMARK BANCORP INC (LARK)
CIK: 0001141688
Period of Report: 2008-04-23

Reporting Person: THIBAULT DEAN R (Commercial Banking Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-23	Options to purchase common stock	$22.93	A	8824	Acquired	2018-04-23	common stock (8824)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1127	Direct
Common Stock	3642	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options to purchase common stock	$24.63	2016-04-19	common stock (8824)	8824	Direct
Options to purchase common stock	$16.17	2008-11-04	common stock (405)	405	Direct
Options to purchase common stock	$10.83	2010-03-20	common stock (5410)	5410	Direct
Options to purchase common stock	$12.9	2011-01-26	common stock (1842)	1842	Direct
Options to purchase common stock	$24.03	2014-03-29	common stock (8824)	8824	Direct

Footnotes

F1: Vest equally over the initial 4 years subsequent to grant date beginning April 23, 2009.

F2: Vest equally over the initial 4 years subsequent to grant date beginning April 19, 2007.

F3: Vested equally over the initial 4 years subsequent to grant date beginning March 29, 2005.

F4: As adjusted for the 5% stock dividends declared in December 2006 and 2007.