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               09 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      235,451,469      4.36%    2,774,512      0.05%
securities
(2) Derivatives    35,661,567      0.66%   13,533,932      0.25%
(other than
options)
(3) Options and     4,334,686      0.08%   20,952,343      0.39%
agreements to
purchase/sell
Total             275,447,722      5.09%   37,260,787      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                28                    Transfer
Purchase                13                    Transfer
Purchase                135                   Transfer
Purchase                18,589                1.5327
Purchase                53,067                1.1700
Purchase                444                   Transfer
Purchase                67,593                1.5880
Purchase                137                   Transfer
Purchase                150,507               1.5350
Purchase                43,710                1.5171
Purchase                21                    Transfer
Purchase                22,530                1.5350
Purchase                11,960                1.5791
Purchase                8,700                 1.5350
Purchase                22,420                1.5350
Purchase                17,936                1.5350
Purchase                317,400               .9393
Purchase                67,260                .5890
Purchase                36,177                1.4833
Purchase                224,200               1.5350
Purchase                8,700                 1.4670
Purchase                17,800                1.4670
Purchase                3,776                 1.5791
Sale                    91                    1.4830
Sale                    164                   1.5590
Sale                    67,260                1.5970
Sale                    168                   1.3808
Sale                    43,710                1.5171
Sale                    500                   1.5158
Sale                    561                   1.5350
Sale                    135                   Transfer
Sale                    974                   1.5080
Sale                    67,593                1.5880
Sale                    26                    1.3830
Sale                    53,067                1.1700
Sale                    64,972                1.5171
Sale                    793                   1.5170
Sale                    317,400               .9393
Sale                    42,247                1.4895
Sale                    402                   Transfer
Sale                    20,770                1.5700
Sale                    277                   1.5690
Sale                    328,638               1.5350
Sale                    50,000                1.5550
Sale                    174                   Transfer

NB: The below transactions which were previously disclosed have been cancelled
Deal Date         Purchase/Sale         Number of Securities       Price per unit (GBP)
09/10/2008        Purchase              8,700                      1.5350

(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           1.3808
CFD            Long          159259        1.4805
CFD            Long          36468         1.4837
CFD            Long          34957         1.497
CFD            Long          500           1.5157
CFD            Long          16290         1.5332
CFD            Long          102090        1.5333
CFD            Long          20770         1.57
CFD            Short         106737        1.4821
CFD            Short         145183        1.488
CFD            Short         43710         1.517

(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                         10 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   -2,002,082             5.6941           AMER           17/12/2010
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   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   -3,000,000             3.0000           EURO           19/12/2008
Option            Purchased   3,000,000              3.0000           EURO           19/12/2008
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               0.0000           EURO           26/05/2009
Option            Purchased   124,757                7.7482           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   -10,010,411            9.7900           EURO           18/12/2009

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