EPT Disclosure

FORM 38.5(b)

 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY (Rule 38.5(b) of the Takeover Code)

1. KEY INFORMATION

Name of exempt principal trader

UBS AG London Branch

Company dealt in

LLOYDS PLC

Class of relevant security to which the dealings being disclosed relate (Note 1)

25P ORDINARY

Date of dealing

11 DECEMBER 2008

2. INTERESTS SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevant security dealt in 

 (Note 2)

Long

Short

Number

(%)

Number

(%)

(1) Relevant securities

00

0 %

00

0 %

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total

00

0 %

00

0 %

(b) Interests and short positions in relevant securities of the company, other than the class dealt in

(Note 2)

Class of relevant security:

Long

Short

Number (%)

(%)

(1) Relevant securities

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total

(c) Rights to subscribe

 (Note 2)

Class of relevant security:

Details

3. DEALINGS 

(Note 3)

(a) Purchases and sales

Purchase/sale

Number of securities

Price per unit

(Note 4)

PURCHASE

771

152.3

PENCE

PURCHASE

9791

153.2

PENCE

SALE

13000

153.2

PENCE

SALE

22154

153.3

PENCE

PURCHASE

18301

153.4

PENCE

PURCHASE

3584

153.5

PENCE

SALE

8600

153.6

PENCE

PURCHASE

12842

153.6

PENCE

PURCHASE

1386

153.7

PENCE

SALE

6714

153.7

PENCE

PURCHASE

2600

153.8

PENCE

PURCHASE

5349

153.9

PENCE

PURCHASE

5398

154

PENCE

SALE

9900

154

PENCE

PURCHASE

29

154.1

PENCE

SALE

4700

154.2

PENCE

PURCHASE

1615

154.4

PENCE

SALE

10000

154.4

PENCE

SALE

21706

154.6

PENCE

SALE

3311

154.7

PENCE

SALE

1200

154.9

PENCE

SALE

1000

155

PENCE

SALE

5000

155.1

PENCE

PURCHASE

6827

155.1

PENCE

PURCHASE

7032

155.2

PENCE

SALE

21913

155.2

PENCE

SALE

22209

155.4

PENCE

PURCHASE

26179

155.4

PENCE

SALE

16120

155.6

PENCE

SALE

4726

155.7

PENCE

PURCHASE

12070

155.8

PENCE

SALE

5592

155.9

PENCE

PURCHASE

6749

155.9

PENCE

SALE

7237

156

PENCE

SALE

10000

156.1

PENCE

PURCHASE

16218

156.1

PENCE

PURCHASE

15358

156.2

PENCE

PURCHASE

11900

156.3

PENCE

SALE

15989

156.3

PENCE

SALE

15411

156.4

PENCE

PURCHASE

25537

156.4

PENCE

SALE

17773

156.5

PENCE

PURCHASE

37557

156.6

PENCE

SALE

93511

156.6

PENCE

PURCHASE

12051

156.7

PENCE

SALE

12753

156.7

PENCE

PURCHASE

5000

156.8

PENCE

PURCHASE

3600

156.9

PENCE

SALE

21843

156.9

PENCE

SALE

27862

157

PENCE

PURCHASE

76029

157

PENCE

PURCHASE

21122

157.1

PENCE

SALE

24872

157.1

PENCE

SALE

33463

157.2

PENCE

PURCHASE

41085

157.2

PENCE

SALE

19400

157.3

PENCE

PURCHASE

25195

157.3

PENCE

SALE

37579

157.4

PENCE

PURCHASE

89804

157.4

PENCE

SALE

23731

157.5

PENCE

PURCHASE

26921

157.5

PENCE

SALE

15924

157.6

PENCE

PURCHASE

18451

157.6

PENCE

SALE

31996

157.7

PENCE

SALE

8000

157.8

PENCE

PURCHASE

36385

157.8

PENCE

SALE

3600

157.9

PENCE

PURCHASE

34691

157.9

PENCE

PURCHASE

12154

158

PENCE

SALE

58393

158

PENCE

SALE

7553

158.1

PENCE

PURCHASE

11243

158.1

PENCE

SALE

7304

158.2

PENCE

PURCHASE

20156

158.2

PENCE

PURCHASE

6025

158.3

PENCE

SALE

11618

158.3

PENCE

PURCHASE

9142

158.4

PENCE

SALE

52298

158.4

PENCE

PURCHASE

17454

158.5

PENCE

SALE

30915

158.5

PENCE

SALE

3593

158.6

PENCE

PURCHASE

4213

158.7

PENCE

SALE

9900

158.7

PENCE

SALE

3700

158.8

PENCE

PURCHASE

3961

158.8

PENCE

SALE

19382

158.9

PENCE

SALE

9763

159

PENCE

PURCHASE

3700

159.1

PENCE

SALE

6198

159.1

PENCE

PURCHASE

2588

159.2

PENCE

SALE

5110

159.2

PENCE

SALE

1800

159.3

PENCE

PURCHASE

8458

159.4

PENCE

SALE

10000

159.4

PENCE

SALE

5000

159.5

PENCE

SALE

1800

159.6

PENCE

PURCHASE

4247

159.6

PENCE

SALE

10000

159.7

PENCE

PURCHASE

11562

159.7

PENCE

SALE

5000

159.8

PENCE

PURCHASE

14149

159.8

PENCE

PURCHASE

5456

159.9

PENCE

SALE

11643

160

PENCE

PURCHASE

104649

160

PENCE

SALE

1900

160.1

PENCE

PURCHASE

2835

160.1

PENCE

PURCHASE

3660

160.2

PENCE

SALE

8743

160.2

PENCE

PURCHASE

3525

160.3

PENCE

SALE

12278

160.3

PENCE

PURCHASE

1200

160.4

PENCE

SALE

3700

160.4

PENCE

PURCHASE

8926

160.5

PENCE

SALE

12240

160.5

PENCE

SALE

9441

160.6

PENCE

SALE

3382

160.7

PENCE

SALE

1300

160.8

PENCE

PURCHASE

7819

160.9

PENCE

SALE

8237

161

PENCE

PURCHASE

26997

161

PENCE

PURCHASE

5717

161.1

PENCE

SALE

53451

161.2

PENCE

PURCHASE

5305

161.3

PENCE

SALE

7000

161.3

PENCE

SALE

2850

161.4

PENCE

PURCHASE

4730

161.4

PENCE

SALE

8235

161.5

PENCE

PURCHASE

32872

161.5

PENCE

SALE

3515

161.6

PENCE

PURCHASE

14776

161.6

PENCE

SALE

11592

161.8

PENCE

SALE

4243

162

PENCE

PURCHASE

13233

162

PENCE

PURCHASE

5300

162.1

PENCE

SALE

1946

162.2

PENCE

PURCHASE

3700

162.2

PENCE

SALE

9696

162.3

PENCE

PURCHASE

3700

162.4

PENCE

SALE

1829

162.5

PENCE

PURCHASE

9229

162.5

PENCE

PURCHASE

7374

162.7

PENCE

SALE

9404

162.7

PENCE

PURCHASE

4300

162.8

PENCE

SALE

6500

162.9

PENCE

SALE

2600

163

PENCE

PURCHASE

9000

163.2

PENCE

SALE

5300

163.3

PENCE

PURCHASE

25829

163.3

PENCE

PURCHASE

2762

163.4

PENCE

SALE

17803

163.4

PENCE

SALE

6018

163.5

PENCE

PURCHASE

19422

163.5

PENCE

PURCHASE

3700

163.7

PENCE

PURCHASE

725

163.8

PENCE

PURCHASE

1250

163.9

PENCE

SALE

7576

164.1

PENCE

PURCHASE

4167

164.3

PENCE

SALE

10099

164.4

PENCE

SALE

971

164.5

PENCE

PURCHASE

16546

164.5

PENCE

SALE

2198

164.6

PENCE

PURCHASE

9609

165

PENCE

PURCHASE

3078

165.2

PENCE

PURCHASE

13161

165.4

PENCE

SALE

2555

165.5

PENCE

PURCHASE

2000

165.7

PENCE

SALE

2570

165.7

PENCE

PURCHASE

1098

165.8

PENCE

SALE

1900

165.8

PENCE

SALE

2300

165.9

PENCE

SALE

11600

166

PENCE

SALE

2587

166.3

PENCE

SALE

10565

166.4

PENCE

SALE

6799

166.7

PENCE

PURCHASE

420

167.1

PENCE

PURCHASE

6488

167.2

PENCE

PURCHASE

3645

167.3

PENCE

Total Purchases

1144682

Total Sales

1144682

(b) Derivative transactions (other than options)

Product name, e.g. CFD

Long/short

 (Note 5)

Number of securities

 (Note 6)

Price per unit

(Note 4)

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying 

Product name, e.g. call option

Writing, selling, purchasing, varying etc

Number of securities to which the option relates (Note 6)

Exercise price

Type, e.g. American,European etc.

Expiry date

Option money paid/received per unit (Note 4)

(ii) Exercising

Product name, e.g. call option

Number of securities

 Exercise price per unit

(Note 4)

(d) Other dealings (including new securities) 

(Note 3)

Natute of transaction

(Note 7)

Details

Price per unit (if applicable) 

(Note 4)

4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 38.5(b) attached?

(Note 8)

YES/NO

Date of disclosure

12 December 2008

Contact name

Nimisha Sachdev

Telephone number

+44 (0)20 7568 9289

Name of offeree/offeror with which associated

HBOS PLC

Nature of connection (Note 9)

CONNECTED ADVISER

Notes

The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website at http://www.thetakeoverpanel.org.uk/