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               03 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      235,692,988     4.47%     2,073,382      0.04%
securities
(2) Derivatives    36,037,379     0.68%    13,755,865      0.26%
(other than
options)
(3) Options and     4,334,686     0.08%    20,952,343      0.40%
agreements to
purchase/sell
Total             276,065,053     5.24%    36,781,590      0.70%

(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                44,420                1.6800
Purchase                29,474                1.7800
Purchase                1,294,290             1.8218
Purchase                750,000               2.0060
Purchase                1,092                 Transfer
Purchase                9,256                 2.0050
Purchase                1,602,174             1.7010
Purchase                336                   1.8685
Purchase                12,051                2.0050
Purchase                106                   Transfer
Purchase                197,094               1.7010
Purchase                9,000                 1.2240
Purchase                48,086                1.7394
Purchase                210,502               2.0050
Purchase                11,961                1.9929
Purchase                8,554                 2.0066
Sale                    1,602,174             1.7010
Sale                    334                   1.6100
Sale                    236                   1.9120
Sale                    11,340                1.9611
Sale                    106                   Transfer
Sale                    1,092                 Transfer
Sale                    73                    1.6140
Sale                    29,474                1.7800
Sale                    21,720                1.9527
Sale                    330                   1.6160
Sale                    506                   1.9150
Sale                    1,400                 1.9403
Sale                    112,655               2.0095
Sale                    30,000                1.9070
Sale                    197,094               1.7010
Sale                    1,000                 1.9420
Sale                    18,500                1.8990
Sale                    23,922                1.7010
Sale                    137                   1.9100

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          1400          1.9402
CFD            Long          11340         1.9611
CFD            Short         336           1.8685

(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                         06 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   -124,757               0.0000           EURO           26/05/2009
Option            Purchased   207,929                7.7482           EURO           26/05/2009
Option            Purchased   1,000,000              3.0000           EURO           19/12/2008
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   124,757                7.7482           EURO           26/05/2009
Option            Purchased   -207,929               0.0000           EURO           26/05/2009
Option            Purchased   -124                   899.0000         EURO           19/12/2008
Option            Purchased   250                    559.0000         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   -600,625               3.9958           AMER           17/12/2010

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