I am also in the same situation. Having worked very hard managed to accumulate the savings deposit i made with Landsbanki.

Does any one know, if the head office in Iceland is taken over by the icelandic government, are our savings in Guernsey branch covered by the governments Guarantee?

Are we covered by the 100% Gurantee given by the Chancellor in Uk to all savers in Icesave.co.uk as this was also owned by Landsbanki?