Rule 8.3 - BAA

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                          BAA Plc (BAA)
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Class of relevant security to which the   Ord GBP1
 dealings being disclosed relate (Note 2)
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Date of dealing                           08 February 2006
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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     44,632,932        4.146%
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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                       44,632,932        4.146%            Nil                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                 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 sales

           Purchase/sale                  Number of securities             Price per unit (Note 5)
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             PURCHASE                          1,253,000                         7.670072 GBP
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               SALE                               977                             6.7073 GBP
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               SALE                               562                            6.74345 GBP
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               SALE                               445                             6.7463 GBP
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               SALE                               420                             6.7514 GBP
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               SALE                               306                             7.4158 GBP
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               SALE                               344                             7.4408 GBP
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               SALE                               480                             7.4658 GBP
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               SALE                               380                             7.4709 GBP
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               SALE                               321                             7.4808 GBP
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               SALE                               366                             7.4809 GBP
---------------------------------------------------------------------------------------------------------
               SALE                               652                             7.4858 GBP
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               SALE                               584                             7.4859 GBP
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               SALE                               625                             7.5108 GBP
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               SALE                               70                              7.515 GBP
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               SALE                              1,329                            7.5158 GBP
---------------------------------------------------------------------------------------------------------
               SALE                               356                             7.5408 GBP
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               SALE                               388                             7.6526 GBP
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               SALE                               305                             7.6708 GBP
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               SALE                              1,076                            7.6808 GBP
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               SALE                               338                             7.6826 GBP
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               SALE                              1,360                            7.6858 GBP
---------------------------------------------------------------------------------------------------------
               SALE                               326                             7.6908 GBP
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               SALE                              1,578                            7.6958 GBP
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               SALE                               550                             7.7253 GBP
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               SALE                               728                             7.7701 GBP
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               SALE                              2,044                            7.7801 GBP
---------------------------------------------------------------------------------------------------------
               SALE                               735                             7.7851 GBP
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               SALE                               371                             7.7901 GBP
---------------------------------------------------------------------------------------------------------
               SALE                               475                             7.8001 GBP
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               SALE                               405                             7.8101 GBP
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               SALE                               502                             7.8151 GBP
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               SALE                               561                             7.8408 GBP
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               SALE                             25,000                           7.88021 GBP
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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                                          09 February 2006
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Contact name                                                Anthony Bridges
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Telephone number                                            020 7921 3135
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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