LANDMARK BANCORP INC — Director's Dealing 2008

May 9, 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: ALEXANDER PATRICK L (President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-23	Options to Purchase Common Stock	$22.93	A	27276	Acquired	2018-04-23	Common Stock (27276)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	51972	Direct
Common Stock	24316	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options to Purchase Common Stock	$24.63	2016-04-19	Common Stock (27276)	27276	Direct
Options to Purchase Common Stock	$24.03	2014-03-29	Common Stock (27276)	27276	Direct
Options to Purchase Common Stock	$12.9	2011-01-20	Common Stock (4050)	4050	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 adjuste4d for the 5% stock dividends declared in December 2006 and 2007.