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               01 October 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      232,198,579     4.41%     4,924,226      0.09%
securities
(2) Derivatives    35,918,108     0.68%    13,755,529      0.26%
(other than
options)
(3) Options and     4,334,686     0.08%    20,952,343      0.40%
agreements to
purchase/sell
Total             272,451,373     5.17%    39,632,098      0.75%

(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             Price per unit
                        Securities            (GBP)
Purchase                5,035                  1
Purchase                2,893                  1.481
Purchase                10,257                 1
Purchase                3,278                  1
Purchase                8,220                  1
Purchase                4,745                  1
Purchase                2,407                  1
Purchase                2,104                  1
Purchase                21,620                 1
Purchase                10,051                 1
Purchase                2,125                  1
Purchase                7,441                  1
Purchase                5,264                  1
Purchase                6,134                  1
Purchase                478                    1
Purchase                709                    1
Purchase                35,717                 1
Purchase                8,352                  1
Purchase                447,920                1
Purchase                7,010                  1
Purchase                34,049                 1
Purchase                112,734                1
Purchase                34,102                 1
Purchase                16,465                 1
Purchase                8,174                  1
Purchase                884                    1
Purchase                20,724                 1
Purchase                595                    1
Purchase                22,606                 1
Purchase                3,145                  1
Purchase                3,908                  1
Purchase                54,489                 1
Purchase                19,606                 1
Purchase                635                    1
Purchase                583                    1
Purchase                16,865                 1
Purchase                3,523                  1
Purchase                847                    1
Purchase                9,109                  1
Purchase                5,009                  1
Purchase                35,978                 1
Purchase                51,351                 1
Purchase                261                    1
Purchase                82,443                 1
Purchase                201                    1
Purchase                29,780                 1
Purchase                34,038                 1
Purchase                3,972                  1
Purchase                5,049                  1
Purchase                3,675                  1.481
Purchase                846,490                1.315
Purchase                1,354                  1.433
Purchase                2,500                  Transfer
Purchase                772                    Transfer
Purchase                45,868                 Transfer
Purchase                505                    Transfer
Purchase                792,387                1.224
Purchase                1,554                  Transfer
Purchase                6,113                  Transfer
Purchase                127,619                Transfer
Purchase                65,691                 Transfer
Purchase                1,000,000              1.4818
Purchase                481,378                Transfer
Purchase                133                    Transfer
Purchase                9,841                  Transfer
Purchase                30                     Transfer
Purchase                57,223                 Transfer
Purchase                20,000                 1.2595
Purchase                604,242                1.315
Purchase                4,787                  Transfer
Purchase                733                    Transfer
Purchase                169                    Transfer
Purchase                1,550                  Transfer
Purchase                9,841                  Transfer
Purchase                29                     Transfer
Purchase                40,192                 Transfer
Purchase                31,461                 1
Purchase                4,465                  1
Purchase                13,802                 1
Purchase                19,811                 1
Purchase                126,082                1
Purchase                477,529                1
Purchase                47,615                 1
Purchase                18,943                 1
Purchase                741                    Transfer
Purchase                13,716                 Transfer
Purchase                78                     Transfer
Purchase                25,725                 1.481
Purchase                3,520                  1
Purchase                34,301                 1.481
Purchase                66                     Transfer
Purchase                3,218                  Transfer
Purchase                84                     1.3111
Purchase                32,199                 Transfer
Purchase                112,655                1.493
Purchase                5,400                  Transfer
Purchase                2,085,202              1.315
Purchase                251,758                Transfer
Purchase                450,620                1.419
Purchase                10,483                 Transfer
Purchase                4,724                  1
Purchase                60,093                 1
Purchase                13,476                 1
Purchase                24,862                 1
Purchase                888                    1
Purchase                8,671                  1
Purchase                2,997                  1
Purchase                43,499                 1
Purchase                2,527                  1
Purchase                89,740                 1.481
Purchase                207,877                1
Purchase                502                    1
Purchase                4,529                  1
Purchase                10,791                 1
Purchase                437                    1
Purchase                63                     1
Purchase                3,436                  1
Purchase                35,525                 1
Purchase                80,309                 1.481
Purchase                3,943                  1
Purchase                6,609                  1.481
Purchase                2,642                  1
Purchase                4,622                  1
Purchase                869                    1
Purchase                102,105                1
Purchase                13,808                 1
Purchase                2,987                  1
Purchase                235                    1
Purchase                6,081                  1
Purchase                2,023                  1
Purchase                15,477                 1
Purchase                2,432                  1
Purchase                5,519                  1
Purchase                31,953                 1
Purchase                4,962                  1
Purchase                2,457                  1
Purchase                29,700                 1
Purchase                6,577                  1
Purchase                20,101                 1
Purchase                206                    1
Purchase                182                    1
Purchase                168,862                1
Purchase                1,270                  1
Purchase                1,537                  1
Purchase                256                    1
Purchase                1,198                  1
Purchase                19,350                 1
Purchase                1,559                  1
Purchase                96                     1
Purchase                3,330                  1
Purchase                17,095                 1
Purchase                6,548                  1
Purchase                20,664                 1
Purchase                21,407                 1
Purchase                5,736                  1
Purchase                1,794                  1
Purchase                690                    1
Purchase                5,327                  1
Purchase                8,775                  1
Purchase                5,383                  1
Purchase                438,496                1.481
Purchase                63,124                 1
Purchase                6,866                  1
Purchase                38,942                 1
Purchase                1,369,720              1
Purchase                943                    1
Purchase                8,365                  1
Purchase                110,116                1
Purchase                28,852                 1
Purchase                24,966                 1
Purchase                3,737                  1
Purchase                4,449                  1
Purchase                7,990                  1
Purchase                7,410                  1
Purchase                673                    1
Purchase                2,439                  1
Purchase                136                    1
Purchase                4,473                  1
Purchase                23,926                 1
Purchase                353                    1
Purchase                297,107                1
Purchase                2,572                  1
Purchase                12,367                 1
Purchase                74,339                 1
Purchase                18,169                 1
Purchase                4,022                  1
Purchase                524                    1
Purchase                771                    1
Purchase                13,860                 1
Purchase                516                    1
Purchase                22,565                 1.481
Purchase                863                    1
Purchase                510                    1
Purchase                741                    1
Purchase                3,951                  1
Purchase                15,717                 1
Purchase                3,718                  1
Purchase                79,465                 1
Purchase                9,384                  1
Purchase                2,469                  1
Sale                    199                    1.2686
Sale                    12,970                 1.2991
Sale                    213                    1.2501
Sale                    156,623                Transfer
Sale                    379                    1.266
Sale                    325,747                Transfer
Sale                    10,000                 1.55
Sale                    43,340                 1.2991
Sale                    505                    Transfer
Sale                    550                    1.36
Sale                    164                    1.254
Sale                    28,525                 Transfer
Sale                    509                    1.437
Sale                    660                    1.353
Sale                    35,840                 1.315
Sale                    550                    1.319
Sale                    71,160                 1.315
Sale                    32,620                 1.481
Sale                    1,354                  1.441
Sale                    33,052                 1.224
Sale                    2,375                  1.431
Sale                    58,597                 1.481
Sale                    1,300                  1.4691
Sale                    600                    1.4691
Sale                    800                    1.5128
Sale                    8                      Transfer
Sale                    32,447                 Transfer
Sale                    104                    1.271
Sale                    24,776                 Transfer
Sale                    302,236                1.5527
Sale                    1,700,000              1.4645
Sale                    25,740                 1.2991
Sale                    2,334                  1.3291
Sale                    792,387                1.224
Sale                    150                    1.2471
Sale                    127,619                Transfer
Sale                    168                    1.4308
Sale                    117                    1.271
Sale                    119,810                1.315
Sale                    229                    1.269
Sale                    128                    1.217
Sale                    352                    1.25
Sale                    2,905                  Transfer



(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          89779         1
CFD            Long          168           1.4307
CFD            Long          800           1.5127
CFD            Short         84            1.311

(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                         02 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