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 December 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     250,362,543     4.63%      5,823,429     0.11%
securities
(2) Derivatives   41,233,290     0.76%     35,768,803     0.66%
(other than
options)
(3) Options and    5,565,210     0.10%     20,200,938     0.37%
agreements to
purchase/sell
Total            297,161,043     5.50%     61,793,170     1.14%


(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 Securities Price per unit
Purchase      8,593                .9250
Purchase      199,892              .9250
Purchase      68,430               .8670
Purchase      4,562                .9250
Purchase      190                  .9012
Purchase      13,686               .9250
Purchase      188                  Transfer
Purchase      759,390              .8670
Purchase      65,792               .8670
Purchase      685,300              .8670
Purchase      17,187               .9250
Purchase      59,495               .9250
Purchase      3,674                .9250
Purchase      4,892                .8979
Purchase      109,243              .9250
Purchase      218,064              .9250
Sale          17                   .8971
Sale          308                  .8970
Sale          2,090                .9250
Sale          99                   .9160
Sale          5,234                .9023
Sale          685,300              .8670
Sale          50,253               .9250
Sale          218                  .9060
Sale          12,627               .9090
Sale          29,482               .8971
Sale          191                  .8950
Sale          10                   .8970
Sale          769                  .8930
Sale          518                  .8970
Sale          1,400                .9189
Sale          130                  .9040
Sale          129                  .9060
Sale          413                  .8999
Sale          232                  .9090
Sale          9,777                .9250
Sale          258                  .8940
Sale          759,390              .8670
Sale          188                  Transfer

(b)  Derivatives transactions (other than options)
Product name,  Long/Short      Number of       Price per
(e.g. CFD)     (Note 6)        Securities      unit (GBP)
CFD            Long            413             0.8999
CFD            Long            5234            0.9022
CFD            Long            1400            0.9188
CFD            Short           190             0.9011

(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 December 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
www.thetakeoverpanel.org.uk

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   -250                   879.0000         EURO           18/12/2009
Option            Purchased   -1,000,000             3.0000           EURO           19/12/2008
Option            Purchased   1,000,000              3.0000           EURO           19/12/2008
Option            Purchased   3,000,000              3.0000           EURO           19/12/2008
Option            Purchased   -250                   879.0000         EURO           18/12/2009
Option            Purchased   -10,010,411                             EURO           18/12/2009
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   -750,781               8.4912           EURO           19/12/2008
Option            Purchased   -600,625               3.9958           AMER           17/12/2010
Option            Purchased   -3,000,000             3.0000           EURO           19/12/2008
Option            Purchased   -500                   799.0000         EURO           18/12/2009
Option            Purchased   207,929                7.7482           EURO           26/05/2009
Option            Purchased   -250                   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   106,198                0.9971           EURO           03/06/2009
Option            Purchased   1,124,326              2.3072           EURO           02/04/2009
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   -500                   719.0000         EURO           18/12/2009

Notes
1. Where there are open option positions or open derivative positions (except for CFD's), 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

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