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

09 JANUARY 2009

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

10500000

0.18 %

00

0 %

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total

10500000

0.18 %

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

6200

128.5

PENCE

PURCHASE

9050

128.6

PENCE

PURCHASE

1544

128.7

PENCE

PURCHASE

15371

128.8

PENCE

PURCHASE

7514

128.9

PENCE

PURCHASE

7188

129

PENCE

PURCHASE

7041

129.1

PENCE

PURCHASE

17415

129.2

PENCE

PURCHASE

10877

129.3

PENCE

PURCHASE

51795

129.4

PENCE

PURCHASE

25750

129.4245

PENCE

PURCHASE

60254

129.4499

PENCE

PURCHASE

17957

129.5

PENCE

PURCHASE

95813

129.6

PENCE

PURCHASE

85115

129.7

PENCE

PURCHASE

13373

129.8

PENCE

PURCHASE

250000

129.8223

PENCE

PURCHASE

43935

129.9

PENCE

PURCHASE

44981

130

PENCE

PURCHASE

15502

130.1

PENCE

PURCHASE

6531

130.2

PENCE

PURCHASE

15195

130.3

PENCE

PURCHASE

9788

130.4

PENCE

PURCHASE

2000

130.5

PENCE

PURCHASE

20697

130.6

PENCE

PURCHASE

55167

130.7

PENCE

PURCHASE

11816

130.7499

PENCE

PURCHASE

25660

130.8

PENCE

PURCHASE

15125

130.9

PENCE

PURCHASE

4852

130.9245

PENCE

PURCHASE

1217

130.9499

PENCE

PURCHASE

45416

131

PENCE

PURCHASE

22274

131.05

PENCE

PURCHASE

29122

131.1

PENCE

PURCHASE

8637

131.2

PENCE

PURCHASE

20250

131.25

PENCE

PURCHASE

23803

131.3

PENCE

PURCHASE

5299

131.3625

PENCE

PURCHASE

1582

131.375

PENCE

PURCHASE

28771

131.4

PENCE

PURCHASE

1375

131.4249

PENCE

PURCHASE

6271

131.45

PENCE

PURCHASE

100000

131.49

PENCE

PURCHASE

264369

131.5

PENCE

PURCHASE

49320

131.6

PENCE

PURCHASE

5596

131.6625

PENCE

PURCHASE

1400

131.675

PENCE

PURCHASE

6378

131.7

PENCE

PURCHASE

1199

131.775

PENCE

PURCHASE

23841

131.8

PENCE

PURCHASE

4208

131.9

PENCE

PURCHASE

40268

132

PENCE

PURCHASE

17337

132.1

PENCE

PURCHASE

6288

132.2

PENCE

PURCHASE

26928

132.3

PENCE

PURCHASE

150000

132.35

PENCE

PURCHASE

13322

132.4

PENCE

PURCHASE

22712

132.5

PENCE

PURCHASE

6555

132.6

PENCE

PURCHASE

54120

132.7

PENCE

PURCHASE

33583

132.8

PENCE

PURCHASE

60030

132.9

PENCE

PURCHASE

26943

133

PENCE

PURCHASE

38080

133.1

PENCE

PURCHASE

500000

133.31

PENCE

PURCHASE

250000

133.33

PENCE

PURCHASE

18450

133.5

PENCE

PURCHASE

21850

133.6

PENCE

PURCHASE

112078

133.8

PENCE

PURCHASE

23284

133.9

PENCE

PURCHASE

245110

134

PENCE

PURCHASE

22398

134.1

PENCE

PURCHASE

4300

134.2

PENCE

PURCHASE

59350

134.4

PENCE

PURCHASE

46657

134.5

PENCE

PURCHASE

46523

135

PENCE

Total Purchases

3450000

Total Sales

0

(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 January 2009

Contact name

Nimisha Sachdev

Telephone number

+44 (0)20 7568 9289

Name of offeree/offeror with which associated

LLOYDS TSB GROUP PLC

Nature of connection (Note 9)

CONNECTED ADVISOR

Notes

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