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               13 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      235,336,113      4.35%    3,092,270      0.06%
securities
(2) Derivatives    35,297,430      0.65%   13,664,188      0.25%
(other than
options)
(3) Options and     4,334,686      0.08%   20,952,343      0.39%
agreements to
purchase/sell
Total             274,968,229      5.09%   37,708,801      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                59                    1.1222
Purchase                11,950                .9616
Purchase                26,880                .9000
Purchase                60,358                1.2420
Purchase                31,360                .9000
Purchase                208,279               1.2420
Purchase                27,637                1.2420
Purchase                90,128                .8957
Purchase                4,506                 .8700
Purchase                236,000               .9014
Purchase                7,556                 .9616
Purchase                350,000               .9000
Purchase                500,000               .8664
Purchase                333                   1.2420
Purchase                39,781                1.2000
Purchase                3,500                 .8050
Purchase                30,455                .9000
Purchase                8,995                 1.1275
Purchase                3,000                 .9115
Purchase                236,000               .9014
Sale                    487                   .9680
Sale                    10,475                .9000
Sale                    359                   .9680
Sale                    638                   Transfer
Sale                    262,995               .9000
Sale                    377,425               1.1269
Sale                    84                    1.3170
Sale                    82                    1.2500
Sale                    195                   Transfer
Sale                    2,221                 .9660
Sale                    25,362                .9530
Sale                    27,637                1.2420
Sale                    292                   Transfer
Sale                    405                   1.1430
Sale                    141                   1.3170
Sale                    102                   Transfer
Sale                    325                   1.2800
Sale                    1,000,000             .9666
Sale                    1,118                 1.2620
Sale                    351                   .9620
Sale                    1,273                 .9631
Sale                    806                   Transfer
Sale                    3,143                 .9555
Sale                    187                   1.2860
Sale                    500,000               .8999
Sale                    3,730                 1.2000
Sale                    169                   1.2620
Sale                    2,316                 .9000
Sale                    101                   Transfer
Sale                    60,358                1.2420
Sale                    180                   1.2580
Sale                    144                   1.2920
Sale                    181                   1.2920
Sale                    333                   1.2420
Sale                    245                   1.2050
Sale                    464                   1.0710
Sale                    733                   1.0570
Sale                    102                   1.2560
Sale                    208,279               1.2420

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          500000        0.8998
CFD            Long          60446         0.9
CFD            Long          28045         0.9425
CFD            Long          25362         0.953
CFD            Long          377425        1.1268
CFD            Short         500000        0.8664
CFD            Short         472000        0.9013
CFD            Short         59            1.1222

(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                         14 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