Rule 8.1 - Scottish Power

Lloyds TSB - Securities Administration
                  

FORM 8.3

DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

(Rule 8.3 of the City Code on Takeovers and Mergers)

1. KEY INFORMATION


Name of person dealing  (Note 1)          Lloyds TSB Group Plc and its Subsidiaries
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Company dealt in                          Scottish Power Plc (SPW)
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Class of relevant security to which the   Ord GBP0.50
 dealings being disclosed relate (Note 2)
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Date of dealing                           18 November 2005
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2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                                          Long                          Short
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                                          Number                        Number
                                                       (%)                             (%)
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(1) Relevant securities                   52,484,452 2.805 %
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(2) Derivatives (other than options)
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(3) Options and agreements to
 purchase/sell
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Total                                     52,484,452 2.805 %                 Nil
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(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)

Class of relevant security:               Long                          Short
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                                          Number                        Number
                                                       (%)                             (%)
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(1) Relevant securities
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(2) Derivatives (other than options)
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(3) Options and agreements to
 purchase/sell
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Total                                     Nil                           Nil
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(c) Rights to subscribe (Note 3)


Class of relevant security:               Details
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3. DEALINGS (Note 4)

(a) Purchases and sale


Purchase/sale                      Number of securities              Price per unit (Note 5)
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PURCHASE                           25,000                            5.655 GBP
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PURCHASE                           432                               5.6194 GBP
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PURCHASE                           871                               5.6244 GBP
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PURCHASE                           487                               5.6342 GBP
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PURCHASE                           1981                              5.6392GBP
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PURCHASE                           3135                              5.6394 GBP
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PURCHASE                           538                               5.6442 GBP
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PURCHASE                           954                               5.6444 GBP
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PURCHASE                           324                               5.6494 GBP
---------------------------------------------------------------------------------------------------------
PURCHASE                           364                               5.6542 GBP
---------------------------------------------------------------------------------------------------------
PURCHASE                           433                               5.6544 GBP
---------------------------------------------------------------------------------------------------------
PURCHASE                           363                               5.6594 GBP
---------------------------------------------------------------------------------------------------------
PURCHASE                           346                               5.6642 GBP
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PURCHASE                           431                               5.6792  GBP
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PURCHASE                           1021                              5.6842 GBP
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PURCHASE                           3969                              5.69 GBP
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SALE                               81,359                            5.69 GBP
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SALE                               792                               5.636 GBP
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SALE                               981                               5.645 GBP
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SALE                               683                               5.646 GBP
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SALE                               370                               5.6856 GBP
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TRANSFER OUT                       50,396                            NIL
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(b) Derivatives transactions (other than options)


Product name,       Long/short (Note 6)    Number of securities (Note 7)   Price per unit (Note 5)
e.g. CFD
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(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying


Product name,      Writing,        Number of          Exercise  Type, e.g.   Expiry    Option money
e.g. call option    selling,        securities to     price      American,   date      paid/received
                    purchasing,     which the option             European               per unit (Note
                    varying etc.    relates (Note 7)             etc.                   5)
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(ii) Exercising


Product name, e.g. call option     Number of securities              Exercise price per unit (Note 5)
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d) Other dealings (including new securities) (Note 4)


Nature of transaction (Note 8)     Details                           Price per unit (if applicable) (Note
                                                                      5)
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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.
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Is a Supplemental Form 8 attached? (Note 9) NO


Date of disclosure                                          21 November 2005
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Contact name                                                MICHAEL STERLING
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Telephone number                                            020 7921 3133
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If a connected EFM, name of offeree/offeror with which
 connected                                                  N/A
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If a connected EFM, state nature of connection (Note 10)    N/A
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Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk