Rule 8.3 - HBOS PLC

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        BARCLAYS PLC
(Note 1)
Company dealt in              HBOS PLC
Class of relevant security    ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing               30 September 2008

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

                      Number       (%)         Number       (%)

(1) Relevant      223,210,767     4.24%     3,096,372      0.06%
securities
(2) Derivatives    35,865,575     0.68%    13,711,786      0.26%
(other than
options)
(3) Options and     4,334,686     0.08%    20,952,343      0.40%
agreements to
purchase/sell
Total             263,411,028     5.00%    37,760,501      0.72%

(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      2,551                1.2240
Purchase      398,421              1.2527
Purchase      577,516              1.2240
Purchase      6,400                1.4200
Purchase      45,000               1.4200
Purchase      30,000               1.3600
Purchase      185                  Transfer
Purchase      20,000               1.5000
Purchase      111,961              1.4530
Purchase      1,783                Transfer
Purchase      10,000               1.2000
Purchase      3,850                1.2979
Purchase      190,273              1.2505
Purchase      50,489               1.2240
Purchase      168                  1.2712
Purchase      2,565                1.2550
Purchase      20,000               1.6239
Purchase      109,325              1.2240
Purchase      23,310               1.2900
Purchase      9,250                1.2481
Sale          82                   1.2500
Sale          72,553               1.2601
Sale          60                   1.5763
Sale          302                  1.5753
Sale          322                  1.5673
Sale          111,961              1.4530
Sale          182,684              1.3263
Sale          251                  1.2511
Sale          708                  1.2950
Sale          233                  1.2710
Sale          153                  1.2673
Sale          142,022              1.3263
Sale          247                  1.5733
Sale          39                   1.5160
Sale          224                  1.5793
Sale          18,030               1.2624
Sale          60,250               1.2624
Sale          387                  Transfer
Sale          50,095               1.2714
Sale          93,360               1.2601
Sale          261                  1.2540
Sale          185                  Transfer
Sale          1,962                1.8545
Sale          190,273              1.2505
Sale          54,540               1.2519
Sale          3,701                1.2240
Sale          59,269               1.2240
Sale          40,785               1.2240
Sale          11,452               1.2240
Sale          250                  1.2500
Sale          32,930               1.2240
Sale          577,516              1.2240
Sale          273                  1.5773
Sale          47                   1.2660
Sale          318                  1.5703
Sale          168                  1.2703
Sale          141                  1.6013
Sale          472,112              1.3263
Sale          113                  1.2540
Sale          260                  1.5763
Sale          240,951              1.2601
Sale          232                  1.1452
Sale          35,780               1.2624
Sale          161                  1.2680
Sale          577,516              1.2240
Sale          190,273              1.2505
Sale          750,000              1.2240
Sale          204                  1.2550
Sale          2,000                1.2733
Sale          292                  1.5653

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          168           1.2702
CFD            Long          50095         1.2713
CFD            Long          2000          1.2733
CFD            Short         11562         1.224
CFD            Short         168           1.2711

(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       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

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 8 attached? (Note 9)                 YES


Date of disclosure                         01 October 2008
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)




Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at

SUPPLEMENTAL FORM 8

DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

OPEN POSITIONS (Note 1)
Product name,     Written or  Number of securities   Exercise price   Type, e.g.     Expiry date
e.g. call option  purchased   to which the option    (Note 2)         American,
                              or derivative relates                   European etc.
Option            Purchased   1,000,000              3.0000           EURO           19/12/2008
Option            Purchased   250                    559.0000         EURO           19/12/2008
Option            Purchased   500                    360.0000         EURO           19/06/2009
Option            Purchased   500                    360.0000         EURO           19/06/2009
Option            Purchased   500                    639.0000         EURO           19/12/2008
Option            Purchased   -500                   639.0000         EURO           18/12/2009
Option            Purchased   -500                   719.0000         EURO           18/12/2009
Option            Purchased   -500                   799.0000         EURO           18/12/2009
Option            Purchased   -250                   879.0000         EURO           18/12/2009
Option            Purchased   -250                   879.0000         EURO           18/12/2009
Option            Purchased   -250                   899.0000         EURO           19/12/2008
Option            Purchased   -124                   899.0000         EURO           19/12/2008
Option            Purchased   250                    559.0000         EURO           19/12/2008
Option            Purchased   207,929                7.7482           EURO           26/05/2009
Option            Purchased   -124,757               0.0000           EURO           26/05/2009
Option            Purchased   3,000,000              3.0000           EURO           19/12/2008
Option            Purchased   -10,010,411            6.7900           EURO           18/12/2009
Option            Purchased   -3,000,000             3.0000           EURO           19/12/2008
Option            Purchased   -2,002,082             5.6941           AMER           17/12/2010
Option            Purchased   -1,501,562             3.7960           AMER           17/12/2010
Option            Purchased   -1,001,041             4.7850           AMER           17/12/2010
Option            Purchased   -1,000,000             3.0000           EURO           19/12/2008
Option            Purchased   -750,781               3.9958           AMER           17/12/2010
Option            Purchased   -750,781               8.4912           EURO           19/12/2008
Option            Purchased   -600,625               3.9958           AMER           17/12/2010
Option            Purchased   -207,929               0.0000           EURO           26/05/2009
Option            Purchased   124,757                7.7482           EURO           26/05/2009

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given.
Full details of any  existing agreements to purchase or to sell  should also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.

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
www.thetakeoverpanel.org.uk