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

16 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)

SALE

3448

126.6

PENCE

SALE

1900

126.8

PENCE

SALE

2034

127

PENCE

PURCHASE

14062

127

PENCE

SALE

2838

127.2

PENCE

PURCHASE

9340

127.3

PENCE

SALE

11342

127.3

PENCE

SALE

18854

127.4

PENCE

PURCHASE

3700

127.5

PENCE

SALE

9829

127.5

PENCE

PURCHASE

12925

127.6

PENCE

SALE

19180

127.6

PENCE

PURCHASE

8516

127.7

PENCE

SALE

8800

127.7

PENCE

SALE

6215

127.8

PENCE

PURCHASE

12519

127.8

PENCE

PURCHASE

6941

127.9

PENCE

SALE

17994

127.9

PENCE

SALE

11323

128

PENCE

PURCHASE

26052

128

PENCE

PURCHASE

9287

128.1

PENCE

SALE

17049

128.1

PENCE

SALE

12899

128.2

PENCE

PURCHASE

26929

128.2

PENCE

SALE

4550

128.3

PENCE

PURCHASE

8793

128.3

PENCE

SALE

2961

128.4

PENCE

PURCHASE

11146

128.4

PENCE

SALE

1357

128.5

PENCE

PURCHASE

15652

128.5

PENCE

SALE

765

128.6

PENCE

PURCHASE

6826

128.7

PENCE

SALE

11151

128.7

PENCE

PURCHASE

10768

128.8

PENCE

SALE

29720

128.8

PENCE

SALE

6932

128.9

PENCE

SALE

5880

129

PENCE

PURCHASE

51270

129

PENCE

SALE

4485

129.1

PENCE

PURCHASE

12500

129.1

PENCE

SALE

11184

129.2

PENCE

PURCHASE

23478

129.2

PENCE

PURCHASE

5470

129.3

PENCE

SALE

16249

129.3

PENCE

PURCHASE

5249

129.4

PENCE

SALE

24435

129.4

PENCE

SALE

15952

129.5

PENCE

SALE

2097

129.6

PENCE

PURCHASE

7389

129.7

PENCE

SALE

7389

129.7

PENCE

SALE

6246

129.8

PENCE

PURCHASE

6246

130

PENCE

Total Purchases

295058

Total Sales

295058

(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

17 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