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               08 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      235,426,967      4.35%    2,729,024      0.05%
securities
(2) Derivatives    35,740,200      0.66%   13,687,437      0.25%
(other than
options)
(3) Options and     4,334,686      0.08%   20,952,343      0.39%
agreements to
purchase/sell
Total             275,501,853      5.10%   37,368,804      0.69%

(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                10,639                1.1700
Purchase                5,000                 1.3880
Purchase                25,407                1.2467
Purchase                9,817                 1.4974
Purchase                10,000                1.3779
Purchase                2,200                 1.1700
Purchase                2,825                 1.4100
Purchase                2,147                 1.1550
Purchase                50,000                .9410
Purchase                13,458                1.1700
Purchase                295,567               .9400
Purchase                100,000               1.1568
Purchase                219,557               1.1598
Purchase                2,600                 1.4669
Purchase                112,150               1.1700
Purchase                89,720                1.4990
Purchase                8,972                 1.1700
Purchase                50,000                .9400
Purchase                3,000                 1.3080
Purchase                30,000                1.1000
Purchase                80,748                1.1700
Purchase                2,025                 1.4100
Purchase                227,700               1.1495
Purchase                90,124                1.4990
Purchase                239,279               1.1700
Sale                    9,000                 1.0997
Sale                    89,720                1.5065
Sale                    90,560                1.2745
Sale                    60,516                1.3332
Sale                    214,370               1.2023
Sale                    4                     1.3840
Sale                    195                   1.3010
Sale                    46,109                1.2470
Sale                    4,923                 1.1530
Sale                    404                   1.3280
Sale                    132                   1.1600
Sale                    160,767               1.2470
Sale                    209                   1.1610
Sale                    90,124                1.4990
Sale                    295,567               .9400
Sale                    6,335                 1.3425
Sale                    420                   1.3215
Sale                    22,089                1.3425
Sale                    26,000                1.2708
Sale                    75,927                1.2470
Sale                    125,000               1.2168
Sale                    316                   1.1900
Sale                    1,390                 1.2913
Sale                    10,432                1.3425
Sale                    292                   1.1610
Sale                    151                   1.1600

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          125000        1.2167
CFD            Long          26000         1.2708
CFD            Long          90560         1.2744
CFD            Long          420           1.3214
CFD            Long          92661         1.3442
CFD            Short         227700        1.1494
CFD            Short         219557        1.1597
CFD            Short         25407         1.2466

(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                         09 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            97900            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