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               10 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      235,952,774      4.36%    2,416,966      0.04%
securities
(2) Derivatives    35,211,681      0.65%   13,597,657      0.25%
(other than
options)
(3) Options and     4,334,686      0.08%   20,952,343      0.39%
agreements to
purchase/sell
Total             275,499,141      5.10%   36,966,966      0.68%

(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                2,300                 1.3340
Purchase                5,548                 1.5350
Purchase                73,483                1.5350
Purchase                3,380                 1.1310
Purchase                11,134                1.2420
Purchase                90,124                1.2563
Purchase                287,116               1.2677
Purchase                733                   Transfer
Purchase                464                   1.2420
Purchase                2,800                 1.3410
Purchase                815                   1.5900
Purchase                3,844                 1.3100
Purchase                749,873               1.2340
Purchase                13,030                1.2420
Purchase                326,005               1.2420
Purchase                27,435                1.2420
Purchase                2,600                 1.2550
Purchase                4,500                 1.3209
Purchase                20,000                1.2680
Purchase                12,158                1.2824
Purchase                43,710                1.5168
Purchase                315,434               1.2413
Purchase                89,660                1.2400
Purchase                26,340                1.1700
Sale                    3                     1.1660
Sale                    5,548                 1.5350
Sale                    353                   1.1660
Sale                    464                   1.2420
Sale                    160,744               1.2470
Sale                    29                    1.2400
Sale                    912                   1.1870
Sale                    1,127                 1.2120
Sale                    421                   1.2590
Sale                    46                    2.9075
Sale                    554                   1.2800
Sale                    89,660                1.2462
Sale                    135                   1.1600
Sale                    151                   1.1680
Sale                    81,112                1.2194
Sale                    9                     1.1660
Sale                    40                    1.5551
Sale                    2,316                 1.2520
Sale                    26,340                1.1700
Sale                    5,669                 1.2170
Sale                    446                   1.2300
Sale                    14,651                1.2420
Sale                    21,664                1.2420
Sale                    87,665                1.2420
Sale                    122,731               1.2420
Sale                    1,077                 1.2540
Sale                    820                   1.2810
Sale                    733                   Transfer
Sale                    92                    2.9075
Sale                    73,483                1.5350
Sale                    99,222                1.2485
Sale                    75,916                1.2470
Sale                    46,102                1.2470
Sale                    300,000               1.2414
Sale                    72                    1.1640
Sale                    227,121               1.2232
Sale                    90,124                1.2563
Sale                    2,100                 1.2853
Sale                    32,400                1.2393
Sale                    315,434               1.2413
Sale                    4                     Transfer

NB: The below transactions which were previously disclosed have been cancelled
Deal Date         Purchase/Sale         Number of Securities       Price per unit (GBP)
08/10/2008        Sale                  282,803                    1.2470

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          32400         1.2393
CFD            Long          99222         1.2485
CFD            Long          2100          1.2852
CFD            Long          312598        1.3181
CFD            Short         749873        1.234
CFD            Short         287116        1.2677

(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                         13 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