Rule 8.3 - Scottish Power Plc

Lloyds TSB - Securities Administration
                  

DEALINGS BY PERSONS WHO OWN OR CONTROL 1% OR MORE OF ANY CLASS OF RELEVANT
                               SECURITY
         (Rule 8.3 of The City Code on Takeovers and Mergers)


Name of purchaser/vendor *                  Lloyds TSB Group Plc
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Company dealt in                            Scottish Power Plc  (SPW )
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Relevant security dealt in                  Ord GBP0.50
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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, nature of connection #  N/A
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Date of dealing                             27/10/05
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DEALINGS †


Amount bought                               Price per unit (currency must be stated)
--------------------------------------------------------------------------------------------------------
421                                         5.3444 GBP
 915                                        5.3494 GBP
 1,231                                      5.3544 GBP
 534                                        5.3589 GBP
 1,728                                      5.3594 GBP
 822                                        5.3644 GBP
 365                                        5.3694 GBP
 1,772                                      5.3744 GBP
 3,659                                      5.3844 GBP
 817                                        5.3889 GBP
 3,279                                      5.4039 GBP
 2,914                                      5.4044 GBP
 316                                        5.4094 GBP
 81,048                                     5.41 GBP
 3,721                                      5.4144 GBP
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Amount sold                                 Price per unit (currency must be stated)
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                                        587 5.355 GBP
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Resultant total amount and percentage of the
 same relevant security owned or controlled 48,623,433 (2.598%)
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IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED? NO


Date of disclosure                          28/10/05
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Contact name                                Anthony Bridges
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Telephone number                            020 7921 3135
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Previously Undisclosed Transactions for - 26/10/05


Amount bought                               Price per unit (currency must be stated)
--------------------------------------------------------------------------------------------------------
856                                         5.3789 GBP
 1709                                       5.4494 GBP
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Amount sold                                 Price per unit (currency must be stated)
--------------------------------------------------------------------------------------------------------


* Specify the owner or controller in addition to the person dealing. The naming
of nominees or vehicle companies is insufficient. In the case of disclosure of
dealings by fund managers on behalf of discretionary clients, the clients need
not be named.

# See the definition of "connected fund managers and principal traders" in the
Definitions Section of the Code.

† If disclosing dealings/holdings in derivatives or options, please attach
Supplemental Form 8 (Derivative) or Supplemental Form 8 (Option), as
appropriate.

For details of the Code's dealing disclosure requirements, see Rule 8 and its
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.