We will in this note show that it is possible to diagonalise the Lund Fragmentation Model. We show that the basic original result, the Lund Area law, can be factorised into a product of transition operators, each describing the production of a single particle and the two adjacent breakup points (vertex positions) of the string field. The transition operator has a discrete spectrum of (orthonormal) eigenfunctions, describing the vertex positions (which in a dual way corresponds to the momentum transfers between the produced particles) and discrete eigenvalues, which only depend upon the particle produced. The eigenfunctions turn out to be the well-known two-dimensional harmonic oscillator functions and the eigenvalues are the analytic continuations of these functions to time-like values (corresponding to the particle mass). In this way all observables in the model can be expressed in terms of analytical formulas. In this note only the 1 + 1-dimensional version of the model is treated but we end with remarks on the extensions to gluonic radiation, transverse momentum generation etc, to be performed in future papers. 1 bo@thep.lu.se 2 fredrik@thep.lu.se