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 TSP GROUP PLC

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

25P ORDINARY

Date of dealing

08 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

7050000

 %

00

 %

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total

7050000

 %

00

 %

(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

500000

126

PENCE

SALE

5172

126.9

PENCE

SALE

34114

127

PENCE

PURCHASE

241417

127

PENCE

SALE

7304

127.05

PENCE

SALE

48979

127.1

PENCE

SALE

7292

127.15

PENCE

SALE

16388

127.2

PENCE

SALE

15085

127.3

PENCE

SALE

9865

127.35

PENCE

SALE

7422

127.55

PENCE

SALE

7546

127.6

PENCE

PURCHASE

250000

127.6

PENCE

SALE

7360

127.65

PENCE

SALE

9564

127.7

PENCE

SALE

27592

127.75

PENCE

SALE

18912

127.8

PENCE

SALE

7637

127.85

PENCE

SALE

6329

127.9

PENCE

SALE

7080

128.05

PENCE

SALE

6940

128.1

PENCE

SALE

342942

128.4

PENCE

SALE

4827

128.5

PENCE

PURCHASE

22196

128.5

PENCE

SALE

7199

128.55

PENCE

PURCHASE

3329

128.5625

PENCE

PURCHASE

1492

128.5749

PENCE

PURCHASE

1755

128.575

PENCE

SALE

7200

128.6

PENCE

PURCHASE

31955

128.6

PENCE

PURCHASE

6441

128.7

PENCE

SALE

17469

128.8

PENCE

PURCHASE

39637

128.8

PENCE

PURCHASE

37713

128.9

PENCE

PURCHASE

8950

128.95

PENCE

PURCHASE

137927

129

PENCE

SALE

287551

129

PENCE

PURCHASE

3463

129.05

PENCE

SALE

7200

129.05

PENCE

PURCHASE

59513

129.1

PENCE

PURCHASE

5621

129.15

PENCE

SALE

7584

129.15

PENCE

SALE

2453

129.2

PENCE

PURCHASE

18631

129.2

PENCE

SALE

1605

129.25

PENCE

SALE

4806

129.275

PENCE

PURCHASE

25239

129.3

PENCE

PURCHASE

18027

129.4

PENCE

PURCHASE

7927

129.5

PENCE

PURCHASE

17390

129.6

PENCE

PURCHASE

1000

129.7

PENCE

PURCHASE

4628

129.75

PENCE

PURCHASE

24481

129.9

PENCE

PURCHASE

22685

130

PENCE

Total Purchases

1491417

Total Sales

941417

(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

09 January 2009

Contact name

Nimisha Sachdev

Telephone number

+44 (0)20 7568 9289

Name of offeree/offeror with which associated

LLOYDS TSP 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/