diff --git a/openstack_dashboard/dashboards/project/loadbalancers/panel.py b/openstack_dashboard/dashboards/project/loadbalancers/panel.py
index 3174ceb8a..9e500bec2 100644
--- a/openstack_dashboard/dashboards/project/loadbalancers/panel.py
+++ b/openstack_dashboard/dashboards/project/loadbalancers/panel.py
@@ -42,4 +42,9 @@ class LoadBalancer(horizon.Panel):
             return False
         if not super(LoadBalancer, self).allowed(context):
             return False
+
+        LOG.warning(
+            "DEPRECATION: LBaaS v1 dashboard in Horizon is deprecated "
+            "in 'Newton' release and will be removed in 'Ocata' release. "
+            "For more detail, check Horizon Newton release notes.")
         return True
diff --git a/releasenotes/notes/deprecate-lbaas-v1-dashboard-1f9c48d7c6997b1f.yaml b/releasenotes/notes/deprecate-lbaas-v1-dashboard-1f9c48d7c6997b1f.yaml
new file mode 100644
index 000000000..32bb75389
--- /dev/null
+++ b/releasenotes/notes/deprecate-lbaas-v1-dashboard-1f9c48d7c6997b1f.yaml
@@ -0,0 +1,9 @@
+---
+deprecations:
+  - LBaaS v1 dashboard is now deprecated and will be removed in Ocata release.
+    LBaaS v1 feature was removed from neutron-lbaas in Ocata and
+    this functionality in Horizon is only for backward compatibility
+    so that operators can upgrade Horizon first.
+    Note that the Dashboard support for LBaaS v2 is provided as
+    a Horizon plugin via `neutron-lbaas-dashboard project
+    <http://git.openstack.org/cgit/openstack/neutron-lbaas-dashboard/>`__.