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

13 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

8750000

0.15 %

00

0 %

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total

8750000

0.15 %

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

9533

130.8

PENCE

SALE

38265

131

PENCE

PURCHASE

46476

131

PENCE

SALE

12243

131.1

PENCE

PURCHASE

27315

131.1

PENCE

PURCHASE

22815

131.2

PENCE

SALE

32547

131.2

PENCE

SALE

22627

131.3

PENCE

PURCHASE

31440

131.3

PENCE

SALE

6400

131.4

PENCE

PURCHASE

32065

131.4

PENCE

SALE

109724

131.5

PENCE

PURCHASE

14583

131.6

PENCE

PURCHASE

11412

131.7

PENCE

SALE

26568

131.7

PENCE

PURCHASE

22795

131.8

PENCE

SALE

71165

131.8

PENCE

PURCHASE

31900

131.9

PENCE

PURCHASE

41148

132

PENCE

SALE

55660

132

PENCE

SALE

4100

132.1

PENCE

PURCHASE

59700

132.1

PENCE

SALE

45322

132.2

PENCE

PURCHASE

51676

132.2

PENCE

PURCHASE

16982

132.3

PENCE

SALE

122961

132.3

PENCE

PURCHASE

54730

132.4

PENCE

SALE

118303

132.4

PENCE

SALE

105606

132.5

PENCE

PURCHASE

183470

132.5

PENCE

SALE

7057

132.55

PENCE

SALE

88984

132.6

PENCE

PURCHASE

94402

132.6

PENCE

PURCHASE

131335

132.7

PENCE

SALE

241954

132.7

PENCE

PURCHASE

117381

132.8

PENCE

SALE

189613

132.8

PENCE

SALE

14235

132.85

PENCE

PURCHASE

190501

132.9

PENCE

SALE

244719

132.9

PENCE

PURCHASE

186988

133

PENCE

SALE

549559

133

PENCE

PURCHASE

101882

133.1

PENCE

SALE

197761

133.1

PENCE

SALE

7200

133.15

PENCE

PURCHASE

170045

133.2

PENCE

SALE

276917

133.2

PENCE

PURCHASE

99766

133.3

PENCE

SALE

139426

133.3

PENCE

SALE

45070

133.4

PENCE

PURCHASE

96307

133.4

PENCE

PURCHASE

15286

133.5

PENCE

SALE

39816

133.5

PENCE

PURCHASE

18430

133.6

PENCE

SALE

59104

133.6

PENCE

SALE

7997

133.65

PENCE

SALE

13794

133.7

PENCE

PURCHASE

21147

133.7

PENCE

SALE

8996

133.75

PENCE

PURCHASE

11377

133.8

PENCE

SALE

23454

133.8

PENCE

PURCHASE

12000

133.9

PENCE

SALE

40738

133.9

PENCE

SALE

4094

134

PENCE

PURCHASE

74353

134

PENCE

SALE

15067

134.1

PENCE

SALE

8678

134.2

PENCE

PURCHASE

12400

134.2

PENCE

PURCHASE

7531

134.3

PENCE

SALE

44824

134.3

PENCE

SALE

4300

134.4

PENCE

PURCHASE

17972

134.4

PENCE

SALE

9500

134.5

PENCE

PURCHASE

20837

134.5

PENCE

PURCHASE

15760

134.6

PENCE

SALE

41861

134.6

PENCE

PURCHASE

6371

134.7

PENCE

SALE

20113

134.7

PENCE

PURCHASE

59487

134.8

PENCE

SALE

67660

134.8

PENCE

PURCHASE

7850

134.9

PENCE

SALE

19945

134.9

PENCE

PURCHASE

31479

135

PENCE

SALE

119407

135

PENCE

SALE

8648

135.1

PENCE

PURCHASE

22244

135.1

PENCE

SALE

6900

135.2

PENCE

PURCHASE

94240

135.2

PENCE

SALE

7873

135.3

PENCE

PURCHASE

21450

135.3

PENCE

PURCHASE

15499

135.4

PENCE

SALE

32344

135.4

PENCE

SALE

3600

135.5

PENCE

PURCHASE

16820

135.5

PENCE

PURCHASE

3994

135.6

PENCE

SALE

9848

135.6

PENCE

PURCHASE

11747

135.7

PENCE

SALE

17087

135.7

PENCE

PURCHASE

1200

135.8

PENCE

SALE

17954

135.8

PENCE

PURCHASE

1200

135.9

PENCE

SALE

10649

135.9

PENCE

PURCHASE

15600

136

PENCE

SALE

45498

136

PENCE

SALE

20943

136.1

PENCE

PURCHASE

27666

136.1

PENCE

SALE

10600

136.2

PENCE

PURCHASE

66054

136.2

PENCE

SALE

10089

136.3

PENCE

PURCHASE

16070

136.3

PENCE

PURCHASE

18600

136.4

PENCE

SALE

20794

136.4

PENCE

SALE

12300

136.5

PENCE

PURCHASE

32794

136.5

PENCE

PURCHASE

12000

136.6

PENCE

PURCHASE

11765

136.7

PENCE

SALE

42716

136.7

PENCE

SALE

49998

136.8

PENCE

PURCHASE

8900

136.9

PENCE

SALE

36012

136.9

PENCE

SALE

83203

137

PENCE

PURCHASE

83526

137

PENCE

PURCHASE

14557

137.1

PENCE

SALE

39615

137.1

PENCE

SALE

3800

137.2

PENCE

PURCHASE

12000

137.2

PENCE

PURCHASE

17725

137.3

PENCE

SALE

18180

137.3

PENCE

PURCHASE

1546

137.5

PENCE

PURCHASE

5110

137.6

PENCE

SALE

6350

137.7

PENCE

SALE

7500

137.9

PENCE

PURCHASE

15355

138

PENCE

SALE

5572

138.7

PENCE

PURCHASE

2690

139

PENCE

PURCHASE

4464

139.2

PENCE

SALE

1900

139.3

PENCE

PURCHASE

8500

139.4

PENCE

PURCHASE

121711

139.5

PENCE

PURCHASE

8419

139.8

PENCE

Total Purchases

2862840

Total Sales

3862840

(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

14 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/